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of the CEE countries and the reference emerging economies. We use two econometric methods: income-level convergence …) resulted from the mechanism of absolute convergence. There were signs, however, that the former group was subject to a … conditional beta convergence. (3) Rapid economic growth of the CEE-10 countries has been driven to a large extent by the increase …
Persistent link: https://www.econbiz.de/10011454492
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined … whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The … studies have found not to display convergence, shows signs of catch-up. …
Persistent link: https://www.econbiz.de/10010466017
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 …
Persistent link: https://www.econbiz.de/10012259712
We study the role of productivity convergence and financial conditions in the recent growth experience of Hungary. We … build a stochastic, small-open economy growth model with productivity convergence, capital accumulation and external …
Persistent link: https://www.econbiz.de/10012107277
The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and … the correlation between the convergence process and economic growth we focused, as it is usually used in specialised … literature to analyse the real convergence, on the dynamics of GDP per capita expressed in case of EU by PPS (Purchasing Power …
Persistent link: https://www.econbiz.de/10011866850
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze the regional convergence process in the Russian case. We also take into account possible spatial effects … and do a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While …
Persistent link: https://www.econbiz.de/10012183996
core topics studied in the growth econometric framework, namely, convergence, identification of growth determinants and …
Persistent link: https://www.econbiz.de/10010298563
framework, namely convergence, identification of growth determinants and factors responsible for growth differences in the data …
Persistent link: https://www.econbiz.de/10010298621
last three decades. The tests are performed by means of a modified b-convergence equation and of a model based on the … decomposition of output growth. The results imply that while the neoclassical convergence mechanism occurred, the technological one … that a complete convergence between the Italian regions may be achieved only by promoting technological transfers and by …
Persistent link: https://www.econbiz.de/10010326101
We show that the use of pooled and panel data in estimating convergence across countries (or other territorial areas …) may involve some pitfalls since this type of data cannot properly distinguish between actual convergence and the …
Persistent link: https://www.econbiz.de/10010326113