Showing 61 - 70 of 1,133,121
In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as … well as panel estimation methods. Although there have been some winners in this process, the main finding is that … convergence was insufficient in the sense that no gains have been achieved with respect to a stronger harmonization of the …
Persistent link: https://www.econbiz.de/10011442407
Persistent link: https://www.econbiz.de/10009267155
inflation convergence with respect to the Maastricht benchmark as well as the European Central Bank's inflation objective; and …-capita real income convergence towards EU standards. Although evidence indicates significant inflation and interest rate …In our analysis, we examine the convergence of all recent ten European Union (EU) members to EU standards. Novel …
Persistent link: https://www.econbiz.de/10012734445
examination of inflation and interest rate convergence with respect to the Maastricht benchmarks, and employment of more … convergence towards EU standards. On the other hand, evidence indicates significant strong inflation and interest rate convergence …In our analysis, we re-examine the nominal and real convergence of all recent ten European Union (EU) members to EU …
Persistent link: https://www.econbiz.de/10014053885
This paper investigated the causal relationship between tourism revenue and gross domestic product (GDP) using the panel data of 135 countries for the period 1995–2008. For this purpose, Panel Granger causality analysis was applied to 11 groups of countries. This classification was created as...
Persistent link: https://www.econbiz.de/10009701762
This paper examines whether macroeconomic convergence is an automatic outcome of forming a currency union by combining …-Euro area EU member states with respect to Germany for key sub-periods covering 1979 M3 – 2005 M12. RIP is not found to hold for …
Persistent link: https://www.econbiz.de/10003449239
Over the past decades, models of circular and cumulative causation, based on the endogenous relations between prices, exports, and labour productivity, have lost prominence in explaining economic dynamics. We argue that, in the absence of counterbalancing mechanisms, the combination of...
Persistent link: https://www.econbiz.de/10014581460
Persistent link: https://www.econbiz.de/10012308995
Persistent link: https://www.econbiz.de/10011299323
Persistent link: https://www.econbiz.de/10010408377