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We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10014067497
Persistent link: https://www.econbiz.de/10010434728
Purpose: The purpose of the paper is to investigate the ß-convergence process between European Union member states in the period 2000-2014 and identify channels of that process. The paper attempts to illustrate if the investigated group of countries experienced convergence because of capital...
Persistent link: https://www.econbiz.de/10011709408
The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the income gap between the two groups of countries in terms...
Persistent link: https://www.econbiz.de/10011548764
From the point of view of the consequences of European integration, similarities of economic structures of member states are of high relevance. The main objective of the paper is to analyse how those similarities looked like in the period of 1970-2006 for EU15 and in 1995-2006 for EU25...
Persistent link: https://www.econbiz.de/10011274820
From the point of view of the consequences of European integration, similarities of economic structures of member states are of high relevance. The main objective of the paper is to analyse how those similarities looked like in the period of 1970-2006 for EU15 and in 1995-2006 for EU25...
Persistent link: https://www.econbiz.de/10011123181
This paper establishes eight stylized facts on the evolution of the localization of economic activity across industries and regions in the EU-15 since 1980. Localization, which nests concentration and specialization, is measured by a Theil index. The stylized facts reveal a broad aggregate trend...
Persistent link: https://www.econbiz.de/10008779975
The European Union (EU) failed repeatedly to hold Greece accountable for violations of the Treaties it signed over the past five decades. In particular, the EU not only did not express reservations in the face of these violations, but on two crucial occasions, in 1979 and again in 2000, it even...
Persistent link: https://www.econbiz.de/10014159917
Persistent link: https://www.econbiz.de/10003095395