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This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990's, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years (1995-2010)....
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economic and price level convergence, respectively, refer to the narrowing of the income (productivity) and the price level gap … helps us understand, why net real wages are relatively low in these countries (as compared to their relative level of income/productivity …
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