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Is EMU a triggering factor for convergence or not? Empirical evidence using Phillips and Sul methodology

MIHUȚ, Ioana Sorina - In: Theoretical and Applied Economics 6(595)(supplement) (2014) 6(595)(supplement), pp. 273-285

economies. This lead to the need for what the economists call sustainable convergence, whether we refer to the institutional …, legal, fiscal or monetary framework. This paper aims to investigate to current degree of convergence between the members of … economies. The obtained results confirm the convergence hypothesis between the new member states of the European Union, with …

Persistent link: https://www.econbiz.de/10011004921

ROMANIA ON THE WAY OF EURO ADOPTION

Dumitru, Ionuţ; Jianu, Ionela - In: Theoretical and Applied Economics 3(580)(supplement) (2013) 3(580)(supplement), pp. 431-443

Based on optimal currency area (OCA) criteria, this paper is assessing the real convergence process in Romania from the …. The main conclusion of our paper is the fact that Romania still needs time to progress on the real convergence criteria in …

Persistent link: https://www.econbiz.de/10011004987

Does convergence of incomes still exist among developed economies? Time series evidence in G7 countries

SOLARIN, Sakiru Adebola - In: Theoretical and Applied Economics XVIII(2013) (2013) 12(589), pp. 57-66

In this paper, we examine the presence of convergence of real per capita incomes in G7 countries for the period of 1870 … break(s) are utilised to verify incidence of stochastic convergence, a necessary condition for conditional convergence …, while Carlino and Mills (1993) method is employed to confirm the existence of β-convergence, a sufficient requirement for …

Persistent link: https://www.econbiz.de/10011005004

Adopting the Euro: Costs or Benefits?

Socol, Cristian; Socol, Aura - In: Theoretical and Applied Economics 1(506) (2007) 1(506), pp. 51-60

This paper presents the main costs and benefits of accession to the EMU countries, different transmission mechanisms of monetary policy measures villages as national fiscal policies and the procedures for quantifying the effects of these measures on the real economy. Are costs caused by the...

Persistent link: https://www.econbiz.de/10005087788

STRUCTURAL FUNDS – AN INSTRUMENT OF ECONOMIC GROWTH WITHIN THE POLICIES OF COHESION AND REGIONAL CONVERGENCE

Kagitci, Meral - In: Theoretical and Applied Economics 11(528)(supplement) (2008) 11(528)(supplement), pp. 107-110

Regional development has been defined as a process that has good effects on economic growth. This growth supposes both the expansion of regions’ productivity capacities and the increase of demand for these regions. Investment projects in Romania that will be financed from structural funds will...

Persistent link: https://www.econbiz.de/10005087797

A New Agenda for Economic Science

Bucur, Ion - In: Theoretical and Applied Economics 1(496) (2006) 1(496), pp. 80-84

this study is dedicated to the debate on convergence possibility of the national political and economic systems toward an …

Persistent link: https://www.econbiz.de/10005154474

Romanian Policy-Mix to Adopting Euro

Socol, Cristian; Socol, Aura Gabriela - In: Theoretical and Applied Economics 9(514) (2007) 9(514), pp. 29-32

between real and nominal convergence relating the European integration? What is the best strategy for Romania with the aim to … obtain a faster real convergence with the European Union countries? Can Romania maximize the benefits to adopting Euro in …

Persistent link: https://www.econbiz.de/10005154506

"Lamfalussy Architecture" – A Model for Consolidating the Financial Markets’ Supervision

Dardac, Nicolae; Georgescu, Elena - In: Theoretical and Applied Economics 8(525) (2008) 8(525), pp. 63-72

The enhancement of convergence in the supervisory practices, both by increasing the quality of the legal framework and …

Persistent link: https://www.econbiz.de/10005154519

EU REGIONAL POLICY – CONVERGENCE AND ECONOMIC GROWTH?

Istrate, Madalina; Radu, Luiza - In: Theoretical and Applied Economics 6(511)(supplement) (2007) 6(511)(supplement), pp. 247-260

this policy, putting together the concepts of convergence and competitiveness, stands for a great challange concerning its …

Persistent link: https://www.econbiz.de/10005154520

Structural Instruments – the New Challenge for Romania. Investment Fields and the Beneficiaries for the Operational Programs 2007-2013

Mosteanu, Tatiana; Ibraim, Meral - In: Theoretical and Applied Economics 5(510) (2007) 5(510), pp. 35-40

’s funds is about 3.7893% from GDP. In Romania case the European Funds will be allocated for convergence, for cohesion fund and … for teritorial cooperation, the largest amount being allocated for the convergence criterion. From this amount dedicated …

Persistent link: https://www.econbiz.de/10005154547