This paper analyses the impact of the fiscal-monetary policy mix on the convergence on per capita income of the least … regions, but would slow down the convergence process in Objective 1 regions. …

In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity …-1998 and 1998-2002 and confirm the convergence hypothesis only for the last period of transition, while in the early transition … results, however, should not yet be intepreted as a sign of a permenent return to convergence in transition countries as they …

aggregate and at a regional level but spatial variation can be large. -- regional growth convergence ; traffic accessibility …