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The aim of the article is to verify the convergence process of the Central and Eastern Europe (CEE) (CEE10) countries … economic integration and convergence as well as business environment and growth. The study methods applied in in the article …10 and EU15 countries were developing in accordance with the convergence hypothesis. The impact of economic integration …
Persistent link: https://www.econbiz.de/10012021613
Solow (1956) has made an essential contribution to the Neo-classical growth approach through the economic convergence …. Convergence could occur either among a group of economies with the same steady states or within regions in which their fundamental … dynamics differ, and thus they exhibit multiple steady states. This study aims to investigate convergence with respect to GDP …
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. Overall, there is no regional convergence from year 2000 to 2017, while the evolution of regional income does not follow a …
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modified Mankiw-Romer-Weil equation of the Cobb-Douglas function which takes into account the factor of convergence …
Persistent link: https://www.econbiz.de/10012547876
Economic integration and globalization are expected to promote economic growth and convergence. This article offers a … convergence literature aims to establish whether catching-up processes have been successful. This article verifies the existence … become fewer and larger. However, growth path divergences persist and suggest a cluster-based convergence. Integration …
Persistent link: https://www.econbiz.de/10014497055
In recent years, the issue of income inequality has ascended to the forefront of national and international agendas, underscored by the urgency to navigate the complexities of market-driven economies without exacerbating social disparities. These challenges are particularly pronounced in the...
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