Showing 1 - 10 of 46
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
convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
Persistent link: https://www.econbiz.de/10011801809
This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses … OECD countries, there are different clusters. The parameter representing the convergence hypothesis, despite being negative … convergence between the countries that belong to the upper quantiles. Moreover, 1960-1970 is highlighted as the period in which …
Persistent link: https://www.econbiz.de/10011558657
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 …
Persistent link: https://www.econbiz.de/10011754835
Among the many concerns over globalization is that as nations compete for mobile firms, they will relax labour standards as a method of lowering costs and attracting investment. Using spatial estimation on panel data for 148 developing countries over 18 years, we find that the labour standards...
Persistent link: https://www.econbiz.de/10009732552
This study investigates the impact of various economic sectors on household income in Thailand. It is conducted in light of the substantial "digital wallet" scheme initiated by the Thai government, with the goal of providing empirical evidence and suggesting alternative policies for regional...
Persistent link: https://www.econbiz.de/10014497103
Persistent link: https://www.econbiz.de/10011990555
In this paper we apply two statistical models to the measurement of polarization to Israeli income data over the past decade in order to empirically detect income classes as sub-populations of incomes concentrated around an optimal number of poles. The statistical models compared are a...
Persistent link: https://www.econbiz.de/10009632195
The cross-country convergence hypothesis is one of the central topics of long-run macroeconomics. This paper revisits … beta convergence is first documented. Next, the paper incorporates some recent developments from the unsupervised machine … learning literature to evaluate the existence of local convergence. In particular, the application of a distribution …
Persistent link: https://www.econbiz.de/10012029342
impact of the euro on economic convergence. The DPS method ensures a forensic examination of the diverse variable patterns … that influence cluster memberships. As with previous research conclusions, there are multiple patterns of convergence and … nominal convergence. An example is the divergence of the experience of consumer inflation between 2016 and 2022. Nevertheless …
Persistent link: https://www.econbiz.de/10014463403