Results 301 to 310 of about 459,215 (323)

Enforcing convergence in nonlinear economic MPC

IEEE Conference on Decision and Control and European Control Conference, 2011
This papers proposes new ways to enforce convergence to equilibria for Economic Model Predictive Control schemes. Economic Model Predictive Control is a control technique capable of optimizing an economic performance index while enforcing state and input constraints. For nonlinear systems and/or non-convex cost functionals, performance optimization may
Angeli, David, Amrit, Rishi, Rawlings, James B.   +2 more
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Real Economic Convergence [PDF]

, 2009
Real convergence is an essential objective of Romaniaâ s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose, special tools and mechanisms are required; e.g., cohesion. The
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Economic Convergence and Monetary Union

1993
The Maastricht Treaty has acknowledged, and translated into precise criteria and indicators, the need for increased economic convergence to enter the final phase of Economic and Monetary Union (EMU). In this paper, we examine the improvement in the process of economic convergence since the creation of the EMS in 1979 and until mid-1992, as well as the ...
Francesco Papadia, Ciro Schioppa
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Economic Freedom and Institutional Convergence [PDF]

, 2012
Francis Fukuyama argues that liberal democracy is the final form of human government and will become more and more prevalent in the long term. If this prediction is true, countries should converge in their political and economic systems toward liberal democracy, a form of institutional convergence. In this paper, we examine whether there is convergence
Elert, Niklas, Halvardsson, Daniel
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Spatial Analysis of Economic Convergence

2009
This chapter reviews some of the major econometric models, approaches and issues related to the spatial dimensions of economic convergence and inequality. Key themes concern the implications of spatial dependence (autocorrelation) and heterogeneity for the specification, estimation, and interpretation of convergence models on the one hand and, on the ...
Sergio J. Rey, Julie Le Gallo
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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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Globalisation, Economic Policy and Convergence

The World Economy, 2000
A NUMBER of recent contributions to the growth literature have emphasised the positive role played by the forces of globalisation in enabling poor countries to converge on the living standards of rich ones. These include Sachs and Warner (1995), Aziz and Wescott (1997), IMF (1997), World Bank (1997), Dollar and Burnside (1997), Edwards (1998) and ...
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Economic Growth and Convergence

2021
Michał Bernardelli, Mariusz Próchniak, Bartosz Witkowski   +2 more
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Economic crisis slows European convergence

2018
Up until the economic and financial crisis, economic conditions in the European regions had been converging. This process has come to a complete standstill in recent years due to lower growth in Eastern Europe and stagnation in Southern Europe.
Diermeier, Matthias, Jung, Markos, Sagner, Pekka   +2 more
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Economic Convergence: An Aspiration Unfulfilled

1994
Every known economy has had significant differences between its „core“ and its „periphery“.
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