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The three essays of this dissertation contribute to the measurement of European economic integration and investigate the welfare effects of the European countries. The first study presents a newly developed index – the EU Index – which measures the extent of economic integration into the...
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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 …
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influence the benefit-cost-considerations of the EU states and may make it necessary to loosen the convergence criteria and … measures, such as convergence programs and the so-called stability pact, which diminish the binding character of the voting …
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. We also provide the speed of convergence and time required to achieve a 100% convergence. Findings - But for financial … intermediary size within the CFA zone, findings for the most part support only unconditional convergence. There is no form of … convergence within the CEMAC zone. Practical implications - The broad insignificance of conditional convergence results have …
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