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ECONOMIC CONVERGENCE VS. SOCIO-ECONOMIC CONVERGENCE IN SPACE [PDF]

, 2006
This paper aims to present a new analysis framework for assessing disparities among regions (or countries). It combines both economic and social variables, where the economic attributes refer in particular to marked differences in consumption variables. This analysis is also appealing for spatial convergence analyses over time.
CUFFARO, Miranda, CRACOLICI, Maria Francesca, NIJKAMP P.   +2 more
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Credibility of European economic convergence

Weltwirtschaftliches Archiv, 1998
Credibility of European Economic Convergence. — The authors analyze economic convergence and its relation to European real interest rate differentials using a clustering method on seven macroeconomic key variables for 1979–1995. The results indicate that monetary convergence has progressed considerably but that there is hardly any real convergence in ...
Koedijk, Kees G., Kool, Clemens J. M., Groeneveld, Johannes M.   +2 more
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Bayesian Learning, Shutdown and Convergence

SSRN Electronic Journal, 2010
This article investigates a partial equilibrium production model with dynamic information aggregation. Firms apply Bayesian learning to estimate the unknown model parameter. In the baseline setting, where prices and quantities are supported by the real line and the noise term is Gaussian, convergence of the limited information to the full information ...
Leopold Sögner, Leopold Sögner
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Globalization and Economic Convergence

Competition & Change, 1997
Convergence among national economies is viewed by a growing number of observers as an inevitable result of increasing global integration of product and financial markets. Yet there is reason to doubt that globalization has yet brought about, or will in the future bring about, the degree of convergence assumed by some.
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The Convergence of Economic Developments

Studies in Nonlinear Dynamics & Econometrics, 2012
After an introduction on the mathematical memory formalisms and on their use in many branches of science, we consider a model the evolutions of m > 2 economies yi(t), where we assume that their interaction is based on the differences of the values of their evolution status.
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Discounting, inequality and economic convergence

Journal of Environmental Economics and Management, 2015
The aim of this paper is to examine the impact of inequalities and economic convergence on the efficient discount rate when international credit and risk-sharing markets are inefficient. We consider an economy in which initial consumption levels and growth expectations are heterogeneous.
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On the local convergence of economic mechanisms

Journal of Economic Theory, 1986
Abstract For certain informationally decentralized economic models, it is known that the associated dynamical process need not be locally stable. In this paper, the causes of the conflict between the local stability of the process and the decentralization of information are identified. This motivates a resolution for this problem.
Steven Williams, Donald G. Saari
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Converging Economic Destinies

Current History, 2014
Multitudes are escaping poverty in developing nations while rich economies stagnate.
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Macro Economic Convergence in Europe

National Institute Economic Review, 1991
Economic convergence within the EMS member states is a precondition for further moves to economic and monetary integration. The Delors Report has set out a path toward EMU in three stages, where transition to the next stage depends on some degree of convergence being achieved in the previous stage.
Ray Barrell, J.W. In't Veld, R. Anderton
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Economic convergence and climate policy

Energy Policy, 2000
Abstract This paper addresses the relevance of the economic convergence hypotheses between the developing and the developed world in international greenhouse gas (GHG) emissions negotiations. The results are based on a two-region (the OECD and the rest of the world, ROW) neo-classical growth model with exogenous technical progress, different ...
Juan Carlos Ciscar, Antonio Soria
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