Showing 1 - 10 of 84
The study is based on the critical observations that competitive market forces alone are not able to assure convergence … member countries. Our paper deals with the evolution of the EU cohesion funds, as well as with the results of convergence …. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and Role of Knowledge in Relation to the EU …
Persistent link: https://www.econbiz.de/10010527400
We review some patterns of Total Factor Productivity (TFP) growth in the Mexican economy during the period 1991-2011 using the KLEMS data set published by INEGI in 2013. The data shows a strong positive correlation between TFP and output growth. As a result, tests were performed in order to...
Persistent link: https://www.econbiz.de/10011445097
National economic policies’ effects on growth were over-emphasized in the early literature on endogenous economic growth. Most of the early theoretical models of the new growth literature (and even their new neoclassical counterparts) predicted large policy effects, which was followed by...
Persistent link: https://www.econbiz.de/10005162629
Real convergence is an essential objective of Romaniaâ s integration into the EU. Bridging the development gaps between … divergence and polarization. For this purpose, special tools and mechanisms are required; e.g., cohesion. The study deals with … the economic convergence of the European countries, and especially the convergence of the CEE countries, including Romania …
Persistent link: https://www.econbiz.de/10010527401
focussed on the role played by intangible assets and intellectual capital for attaining convergence and for increasing … competitiveness. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and Role of Knowledge in Relation to the …
Persistent link: https://www.econbiz.de/10010527405
-economic system of European type: transition to the market economy, accession to the EU, the economic convergence in the three … perspective assessment to find out the real and nominal convergence. Putting into practice the EU competitivity and cohesion …. Although the real convergence of Romania with the EU requires higher growth rates for the former, a new approach is compulsory …
Persistent link: https://www.econbiz.de/10010527415
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …
Persistent link: https://www.econbiz.de/10010527417
In this paper, I document the existence of unconditional convergence in labor productivity across Mexican states in … three-digit manufacturing industries. The rate of convergence for the period 1988-2018 is 1.18% per year. However, this … result does not hold at the aggregate level: I find no unconditional convergence in manufacturing-wide labor productivity …
Persistent link: https://www.econbiz.de/10014540976
Whether government spending can boost the pace of economic growth is widely debated. In the neoclassical growth model, it is supplies of productive resources and productivity that determine growth in the long-run. In endogenous growth models, an increase in government spending may raise the...
Persistent link: https://www.econbiz.de/10008550402
This paper sheds light on two problems in the Penn World Table (PWT) GDP estimates. First, we show that these estimates vary substantially across different versions of the PWT despite being derived from very similar underlying data and using almost identical methodologies; that this variability...
Persistent link: https://www.econbiz.de/10008514829