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Measuring Economic Convergence
International Journal of Finance & Economics, 1997The sustainability of the ERM and the feasibility of EMU is dependent upon the economies of the EC achieving the appropriate degree of economic convergence. One of the difficulties in determining this is the absence of a broadly acceptable measure of economic convergence. In this paper we consider possible definitions of convergence for time series. To
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Economic convergence in the EU and Eurozone
Journal of Economic Studies, 2019Purpose The purpose of this paper is to analyse whether several groups of European countries are on track for real “conditional” economic convergence in per capita income and the likely speed of convergence. The paper focusses also on the changes of the convergence processes over time.
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Economic growth and convergence in Germany
Weltwirtschaftliches Archiv, 1995The empirical analysis gives clear evidence of regional convergence in West Germany: poorer regions tend to grow faster than richer ones. In the period 1957–88, the speed of convergence was around 4 percent per year, implying a halving of the difference between actual and steady-state income every 16 years.
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