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Traditionally, the analysis of regional economic convergence is based on the notions of β-convergence and Å“É-convergence. However, both of these approaches have several drawbacks and limitations. To overcome these difficulties, we apply a more recent non-parametric approach in...
Persistent link: https://www.econbiz.de/10011144108
Persistent link: https://www.econbiz.de/10010412772
Traditionally, the analysis of regional economic convergence is based on the notions of β-convergence and σ-convergence. However, both of these approaches have several drawbacks and limitations. To overcome these difficulties, we apply a more recent non-parametric approach in the convergence...
Persistent link: https://www.econbiz.de/10011572980
Concepts and developments in the literature of economic growth and convergence have recently been adopted and used in the study of inflation rate convergence. This paper examines initially the existence of â-convergence, as mean reversion, of food price inflation rates in the European Union,...
Persistent link: https://www.econbiz.de/10008685078
Persistent link: https://www.econbiz.de/10010350259
This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...
Persistent link: https://www.econbiz.de/10012238482
This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...
Persistent link: https://www.econbiz.de/10013199669
In the European Union homogenous inflation forces are expected to prevail due to the increased economic integration, especially after the creation of the single currency area. This expectation is directly related to the issue of inflation convergence which has gained increasing attention by both...
Persistent link: https://www.econbiz.de/10010928573
The imbalances in bargaining power between the contracting parties in the food supply chain have drawn much attention, also from policy makers. The European Commission is committed to facilitate the restructuring of the sector by encouraging the creation of voluntary agricultural producer...
Persistent link: https://www.econbiz.de/10011444983
Latest developments in investment analysis offer a number of valuable insights into how to evaluate investment opportunities encountering the weaknesses of net present value criterion. More specific, irreversibility, uncertainty and the choice of timing are conditions that net present value does...
Persistent link: https://www.econbiz.de/10005525726