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This paper contributes to the empirical literature on convergence by applying convergence model to components of …, we extend the traditional convergence model to allow for spatial correlation between countries in the sample, by … Education. More precisely, half-life convergence for Defence occurs in 6.37 years, for Health in 3.11 years and for Education in …
Persistent link: https://www.econbiz.de/10011725025
This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses … OECD countries, there are different clusters. The parameter representing the convergence hypothesis, despite being negative … convergence between the countries that belong to the upper quantiles. Moreover, 1960-1970 is highlighted as the period in which …
Persistent link: https://www.econbiz.de/10011629681
the Europe 2020 Strategy. As provided in the Convergence Programme 2014-2020, this objective entails a series of steps … are calculated, using linear and quadratic functions, the Gross Domestic Product GDP trends, and, with the convergence …
Persistent link: https://www.econbiz.de/10011725048
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/10013199566
. The techniques used are σ and β convergence tests, combined with the deterministic sensitivity analysis. The sample …
Persistent link: https://www.econbiz.de/10014476235
, there is a recognizable need for convergence of this region towards the EU economy. The real convergence is a rather slow … crisis that severely hit the EU economy, trying to identify potential changes in the convergence pace. In addition, this work … makes a joint overview of the nominal and real convergence processes as well as the convergence of the general macroeconomic …
Persistent link: https://www.econbiz.de/10012217885
Persistent link: https://www.econbiz.de/10011695888
This is pioneering research in that it makes a comparison of the process of convergence of long-run profits in the … impact of the crisis on this process. The results obtained by employing the convergence model, known as the Partial …
Persistent link: https://www.econbiz.de/10011538764
The literature on competing auctions offers a model where sellers compete for buyers by setting reserve prices freely. An important outstanding conjecture (e.g. Peters and Severinov (1997)) is that the sellers post prices close to their marginal costs when the market becomes large. This...
Persistent link: https://www.econbiz.de/10011599429
Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
Persistent link: https://www.econbiz.de/10011601730