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Certainly the current crisis is affecting seriously the convergence process in EU. Starting from the spatial … rate has a fundamental role. In the general process of economic development and in the context of convergence in EU for the …
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This paper investigates the convergence in real Gross Domestic Product (GDP) growth focusing on the impact of financial … flexible) on convergence. To that end, we compute four convergence indicators (σ-convergence, γ-convergence, absolute β-convergence … and conditional β-convergence), for 163 countries classified into four income groups during the 1970-2011 period. Results …
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