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Real convergence in central, eastern and south-eastern Europe

Żuk, Piotr; Savelin, Li - 2018

This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...

Persistent link: https://www.econbiz.de/10011972275

Hungary, Slovakia and the Czech Republic: Longer-term Growth Prospects

Podkaminer, Leon; Stehrer, Robert - 2006

For about a decade, GDP growth in Central European countries has been consistently faster than in the 'old' EU-15. As a first approximation, one can expect a growth differential of about 2 percentage points to prevail also in the future. This practical rule-of-thumb is broadly consistent with...

Persistent link: https://www.econbiz.de/10012100066

Real convergence in the euro area: A long-term perspective

Diaz del Hoyo, Juan Luis; Dorrucci, Ettore; Heinz, … - 2017

In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...

Persistent link: https://www.econbiz.de/10011804706

Market Consequences of ICT Innovations

Mang, Constantin - 2016

on the effects of broadband Internet on the housing market in order to quantify the value of broadband access in terms of …. Chapter 5 investigates the effects of a mobile Internet infrastructure upgrade on the take-up of location-based online … Internet infrastructure increases the number of restaurant reviews and the share of reviews written on smartphones. …

Persistent link: https://www.econbiz.de/10011698360

The Transition Countries in Early 2000: Improved Outlook for Growth, But Unemployment Is Still Rising

Havlik, Peter - 2000

Both the current economic situation and the short-term growth outlook of virtually all countries in transition are better than at any time during the last decade. Driven by higher import demand from the EU, the Central and East European countries are enjoying an export boom which fuels their GDP...

Persistent link: https://www.econbiz.de/10012100004

Patterns of Trade Specialization and Economic Growth

Wörz, Julia - 2003

This report investigates the impact of trade structure and trade specialization on long-run development patterns in a heterogeneous set of countries, including most OECD countries, developing and rapidly industrializing Asian and Latin American countries as well as ten Central and Eastern...

Persistent link: https://www.econbiz.de/10012100031

Economic Convergence and Structural Change: the Role of Transition and EU Accession

Dobrinsky, Rumen; Havlik, Peter - 2014

This paper analyses the speed and patterns of economic convergence in the new EU Member States of Central and Eastern Europe during transition and the first years of EU membership. After a brief discussion of measurement and data issues, the paper provides stylised facts on growth and...

Persistent link: https://www.econbiz.de/10012100131

The inequality-growth relationship: An empirical reassessment

Kolev, Galina V.; Niehues, Judith - 2016

Recently, some influential empirical studies found evidence in favour of a negative relationship between income inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The studies have in common that they all rely on the System GMM...

Persistent link: https://www.econbiz.de/10011633430

Entrepreneurship and economic growth: An investigation into the relationship between entrpreneurship and total factor productivity growth in the EU

Dabkowski, Andrzej P. - 2011

Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number of proxy variables, whereas Total Factor Productivity is...

Persistent link: https://www.econbiz.de/10011430860

Fiscal transfers and economic convergence

Capella-Ramos, João; Checherita-Westphal, Cristina; … - 2020

Before the outbreak of the coronavirus (COVID-19) pandemic, discussions were already taking place on how to complete Economic and Monetary Union (EMU) and increase its resilience, inter alia, by speeding up economic convergence. The impact of the current unprecedented crisis on the euro area...

Persistent link: https://www.econbiz.de/10012521156

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