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Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data

Young, Andrew; Higgins, Matthew; Levy, Daniel - EconWPA - 2005

In this paper we outline (i) why ó-convergence may not accompany â- convergence, (ii)cite evidence of â-convergence in the U.S., (iii) and use USA county-level data containing over 3,000 cross-sectional observations to demonstrate that ó-convergence does not hold across the U.S., or within...

Persistent link: https://www.econbiz.de/10005412590

DRIVERS OF LONG-TERM CONVERGENCE. FOCUS ON ROMANIA

Unguru, Manuela; Voinescu, Razvan - In: Global Economic Observer 2 (2014) 2, pp. 103-112

With initial low levels of income per capita, a declining population and relatively modest economic growth rates, there …, convergence is expected. The question then arises, “What are the drivers and their likely potential to boost economic growth and …-term macroeconomic projections and the assessment of the possible future developments of the drivers of economic growth, we have built …

Persistent link: https://www.econbiz.de/10011122183

Institutions and Economic Performance - To Grow or Not to Grow: Why Institutions Must Make a Difference

Gylfason, Thorvaldur - In: CESifo DICE Report 2 (2004) 2, pp. 3-9

Persistent link: https://www.econbiz.de/10005056457

Financial Integration of Stock Markets among New EU Member States and the Euro Area

Babetskii, Ian; Komarek, Lubos; Komarkova, Zlatuse - Česká Národní Banka - 2007

The paper considers the empirical dimension of financial integration among stock markets in four new European Union member states (the Czech Republic, Hungary, Poland and Slovakia) in comparison with the euro area. The main objective is to test for the existence and determine the degree of the...

Persistent link: https://www.econbiz.de/10005405564

Convergence analysis on ten sub-indexes of economic freedom

Chang, Yu Sang; Kim, JiHye; Kim, Young Soo - In: International Journal of Public Policy 11 (2015) 1/2/3, pp. 47-72

The purpose of this paper is to examine the transition of ten sub-indexes of economic freedom among 130 countries in the world. The three central questions of this study are: do economic freedom sub-indexes converge? Do some sub-indexes of economic freedom display more clear-cut convergence when...

Persistent link: https://www.econbiz.de/10011266512

TESTING STOCK MARKETS’ INTEGRATION FROM CENTRAL AND EASTERN EUROPEAN COUNTRIES WITHIN EURO ZONE

CHIRILA, Viorica; CHIRILA, Ciprian - In: Studii Financiare (Financial Studies) 18 (2014) 3, pp. 76-88

integration are the development of stock markets and economic growth. This paper analyses the integration of stock markets from …

Persistent link: https://www.econbiz.de/10011120363

La convergence du développement économique et humain au sein de l'Union européenne élargie

Zotti, Rabih - In: Géographie, économie, société 16 (2014) 4, pp. 421-454

One of the main objectives of the European Union since its foundation has been the harmonization<np pagenum="422"/> of the development levels of its country members. In order to achieve this, The European Commission adopts two types of policies, regional policies and pre-membership policies, with the aim of...

Persistent link: https://www.econbiz.de/10011127742

Price Indicators as a Measure of Credit Market Integration in the Visegrad Countries

Vodova, Pavla - In: Journal for Economic Forecasting (2012) 1, pp. 62-73

In this paper we assess with price indicators the extent to which credit markets in the Visegrad countries are integrated with the Eurozone countries and we test the hypothesis that the markets of loans provided to nonfinancial companies are more integrated than the markets of loans provided to...

Persistent link: https://www.econbiz.de/10011038690

Evolution of Disparities in Latin America’s Economic and Human Development. Analysis of HDI and its Components

Martín-Mayoral, Fernando; Zúñiga, Jorge Yépez - In: Economía Mexicana NUEVA ÉPOCA XXII (2013) 3, Cierre de época (I), pp. 203-246

This paper aims to analyze the growth and convergence of human development in Latin American countries, grouped in …

Persistent link: https://www.econbiz.de/10010752729

Financial Integration of Stock Markets among New EU Member States and the Euro Area

Babetskii, Ian; Komárek, Luboš; Komárková, Zlatuše - In: Czech Journal of Economics and Finance (Finance a uver) 57 (2007) 7-8, pp. 341-362

The paper considers the empirical dimension of financial integration among stock-exchange markets in four new European Union member states (Czech Republic, Hungary, Poland, and Slovakia) in comparison with the euro area. The main objective is to test for the existence and determine the degree of...

Persistent link: https://www.econbiz.de/10005698623