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On the relationship between economic integration, business environment and real convergence : the experience of the CEE countries

Głodowska, Agnieszka - In: Economies : open access journal 7 (2019) 2/54, pp. 1-19

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

How does a policymaker rank regional income distributions across years? : a study on the evolution of Greek regional per capita income

Liontakis, Angelos - In: Economies : open access journal 8 (2020) 2/40, pp. 1-12

. Overall, there is no regional convergence from year 2000 to 2017, while the evolution of regional income does not follow a …

Persistent link: https://www.econbiz.de/10012238482

Misperceiving Inequality

Gimpelson, Vladimir - 2015

Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...

Persistent link: https://www.econbiz.de/10013016396

Convergence and heterogeneity in euro based economies : stability and dynamics

Haynes, Philip; Haynes, Jonathan - In: Economies : open access journal 4 (2016) 3, pp. 1-16

is convergence of the cluster patterns over time. A number of different clusters appear and these change over time as the … labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been … divergences from pre-existing integration. Country convergence needs to be understood as a dynamic and multivariate concept. This …

Persistent link: https://www.econbiz.de/10011542637

Dynamics of human capital development in economic development cycles

Gruzina, Yulia; Firsova, Irina; Strielkowski, Wadim - In: Economies : open access journal 9 (2021) 2, pp. 1-18

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

Lack of global convergence and the formation of multiple welfare clubs across countries : an unsupervised machine learning approach

Mendez, Carlos - In: Economies : open access journal 7 (2019) 3/74, pp. 1-17

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

Exploring global economy evolution : clusters and patterns

Casagrande, Sara; Dallago, Bruno - In: Economies : open access journal 12 (2024) 2, pp. 1-21

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

Convergence trends in euro economies : financial crisis recovery and the COVID-19 pandemic

Haynes, Philip; Alemna, David - In: Economies : open access journal 11 (2023) 11, pp. 1-18

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

The fabric of transition : unraveling the weave of labor dynamics, economic structures, and innovation on income disparities in Central and Eastern Europe nations

Davidescu, Adriana Ana Maria; Lobon, Oana-Ramona; Nae, … - In: Economies : open access journal 12 (2024) 3, pp. 1-13

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...

Persistent link: https://www.econbiz.de/10014501087

The impact of economic specialization on regional economic development in the European Union : insights for formation of smart specialization strategy

Dzemydaitė, Giedrė - In: Economies : open access journal 9 (2021) 2, pp. 1-15

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to...

Persistent link: https://www.econbiz.de/10012547978