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Persistent link: https://www.econbiz.de/10011292797
This paper investigates economic convergence in real income per capita between 27 European Union countries. We employ a non-linear latent factor framework to study transitional behavior among economies between 1970 and 2010. Our results offer important insights on the economic catch-up exhibited...
Persistent link: https://www.econbiz.de/10009784195