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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

Regional economic convergence in Turkey : does the government really matter for?

Gömleksiz, Mustafa; Şahbaz, Ahmet; Mercan, Birol - In: Economies : open access journal 5 (2017) 3, pp. 1-16

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

Which economic sectors influence average household income? : a spatial econometric study of Thailand’s 76 provinces

Viriya Taecharungroj - In: Economies : open access journal 12 (2024) 2, pp. 1-25

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

Management of oil revenues : has that of Azerbaijan been prudent?

Gurbanov, Sarvar; Nugent, Jeffrey B.; Mikayilov, Jeyhun - In: Economies : open access journal 5 (2017) 2, pp. 1-20

To help explain the common failure of oil or other natural resource exporting countries to diversify into industry, it has been common to trace this failure to real exchange rate appreciation. This has also been done in Azerbaijan. However, because Azerbaijan has devoted so much of its oil...

Persistent link: https://www.econbiz.de/10011754015

Estimating infrastructure financing needs in the Asia-Pacific least developed countries, landlocked developing countries, and small island developing states

Branchoux, Candice; Fang, Lin; Tateno, Yusuke - In: Economies : open access journal 6 (2018) 3, pp. 1-21

To assist with the achievement of the Sustainable Development Goals by 2030, this paper develops a framework to estimate infrastructure financing needs of the Asia-Pacific least developed countries (LDCs), landlocked developing countries (LLDCs), and small island developing States (SIDS) by...

Persistent link: https://www.econbiz.de/10011902913

Price index modeling and risk prediction of sharia stocks in Indonesia

Hersugondo; Ghozali, Imam; Handriani, Eka; Trimono, Trimono - In: Economies : open access journal 10 (2022) 1, pp. 1-13

This study aimed to predict the JKII (Jakarta Islamic Index) price as a price index of sharia stocks and predict the loss risk. This study uses geometric Brownian motion (GBM) and Value at Risk (VaR; with the Monte Carlo Simulation approach) on the daily closing price of JKII from 1 August...

Persistent link: https://www.econbiz.de/10012800645

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

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

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