economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the … equalization between the CEE countries and the EU15 is verified based on the β and σ convergence concepts. Second, the impact of … a clear-cut income-level convergence toward the EU15 and that variables associated with the EU membership (increasing …

-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 …

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 …

obtained. It is demonstrated that convergence is pronounced between regions that are far away from each other while there is no … convergence between neighbor regions. Third, it is shown how the conditional o-convergence approach can be extended to other …

This study analyzes the time stability of both the GDP beta convergence and the impact of monetary policy variables on … – at 3% p.a. (2) The pure mechanism of conditional convergence of the countries under study was rather constant over time …

This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …

We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of … extremely flexible on order to model a large number of transition paths to convergence. We find regional clusters in consumer … indicate the existence of three convergence clubs without strong regional linkages; Italy and Germany are not converging to any …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …