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There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered countries were more affected by the actual crisis. Today all forecasts are suffering by uncertainty. There are different opinions regarding how deep and how long the convergence...
Persistent link: https://www.econbiz.de/10010791359
Convergence, both nominal and real, is occurring in the EU, especially for new members. Among the macroeconomic variables and correlations closely related to the convergence process are inflation, per capita GDP, the natural rate of unemployment and the inflation-unemployment relationship. This...
Persistent link: https://www.econbiz.de/10010693114
Estimating a set of concentration indicators for the period of actual crisis (emerged in 2008), we demonstrated a significant impact of it on convergence process in EU. However, the differences in matter of convergence emerge at the level of groups of countries. Thus, while in EU-10 (most recent...
Persistent link: https://www.econbiz.de/10010721892
Estimating a set of concentration indicators for the period of actual crisis (emerged in 2008), we demonstrated a significant impact of it on convergence process in EU. However, the differences in matter of convergence emerge at the level of groups of countries. Thus, while in EU-10 (most recent...
Persistent link: https://www.econbiz.de/10010723254
Estimating structural convergence is a relatively recent topic in specialised literature. Based on the Solow theory of economic growth by stages and on empirical data for European Union we estimated a model to simulate structural changes. Using a set of selected indicators, we analyse the...
Persistent link: https://www.econbiz.de/10010604687
Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a result of structural changes in economy. We investigate the differences among countries in EU in terms of the share in total economy of main sectors. Then, based on the spatial...
Persistent link: https://www.econbiz.de/10009151161
In modern society the income distribution is one of the major problems. Usually, it is considered that a severe polarisation in matter of income per capita could have a major negative impact on the general process of economic development. This study is focussing on estimating dynamics of some...
Persistent link: https://www.econbiz.de/10010901874