product (GDP) and its growth performance. The first controversial issue is how should China’s per capita income level be …?’ raised by Garnaut and Ma (1992) based on their study on the relationship between China’s food consumption and per capita GDP …, and the GDP estimate for China by Summers and Heston (1991) based on the expenditure purchasing power parity (PPP …

. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …

. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …

technology is exogenous in the Solow model, all of the endogenous convergence dynamics take place through the adjustment of the … convergence of economies towards their steady-state paths. We find that the conditional convergence speed is about seven percent … panel econometric techniques produce downward-biased estimates of convergence speeds, while our approach does not. …

resource practices in the organizations from the Republic of Moldova and to assess the level of convergence of practices from …

is the stage in the same integration and convergence process; monetary policy that recently was the matter of each state … the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for …

convergence criteria in 2000-2008. The first part of the paper explores theoretical aspects of inflation, government‘s annual …

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

across high and low inflation sub-periods. Replicated linear estimation results of Dupor and Conley (2004)’s indicate that … Fed raises its target interest rate responding to stock price gap with statistical significance. Linear estimation results …