Showing 1 - 10 of 16
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
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
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
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
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 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
EU average, despite being eligible for EU funding as a convergence region by cohesion policy. In the 2014 …-2020 programming period, there was a positive dynamic at the beginning, but from 2017 onwards convergence stopped, which indicates that … intermediate development regions with some industrial base but does not seem appropriate as a convergence driver for poorer regions. …
Persistent link: https://www.econbiz.de/10012631493
This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...
Persistent link: https://www.econbiz.de/10011448023
The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita GDP for Bangladesh with the help of annual time series data for 1973 to 2014. The Vector Error Correction Model (VECM) analysis shows that there is a long-term relationship...
Persistent link: https://www.econbiz.de/10011499650
This paper analyses China's energy consumption and economic growth spillover effects on four world regions: (i) America (North and South); (ii) Europe and Central Asia; (iii) Asia Pacific; and (iv) Africa and the Middle East. An annual aggregated time series by world region, from 1970 to 2016, and...
Persistent link: https://www.econbiz.de/10012021584