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Real Convergence and its Illusions [PDF]
SSRN Electronic Journal, 2010 Abstract This paper uses a multi-country dynamic general equilibrium model to illustrate real convergence processes in a small open catching-up economy. Our results indicate that even if the convergence is driven by smoothly evolving processes, the dynamic adjustments of key macrovariables can be far from smooth.
Kolasa, Marcin
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Real Convergence and Integration [PDF]
Romanian Journal of European Affairs, 2007 The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries.
Aurel Iancu
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REAL CONVERGENCE VERSUS NOMINAL CONVERGENCE - A COMPARATIVE ANALYSIS [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2012 The main purpose of this study is to quantify and analyze the gap between the developmentregions of Romania through formulas that reveal the existence or not of the convergence types.The statistical data were obtained from the National Institute of ...
Ceausescu Ionut
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Real Convergence Across the Euro Area
Intereconomics, 2020 This paper studies the relationship between real convergence in the euro area and macroeconomic imbalances. It compares the main features of convergence within the euro area with other EU and non-EU country groups, looking at both ‘sigma’ and ‘beta ...
Leonor Coutinho, Alessandro Turrini
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ASSESING THE IMPLEMENTATION OF REAL CONVERGENCE IN ROMANIA [PDF]
Annals of the University of Oradea: Economic Science, 2009 The convergence is an essential objective of the integration process of Romania in the European Union. Minimizing gaps in the level of development that arise between Romania and the average European Union can not be achieved solely through the use of ...
Ionescu George Horia +3 more
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ANALYSIS OF CONVERGENCE WITHIN THE EUROPEAN UNION SIGMA AND BETA CONVERGENCE [PDF]
Annals of the University of Oradea: Economic Science, 2010 Real convergence study began with the development of neoclassical models of growth and especially with the passage of econometric applications of these models. In this paper we present applications of indicators and patterns of convergence on the example
Begu Liviu-Stelian +3 more
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The CEEC10's Real Convergence Prospects [PDF]
, 2001 The Central and Eastern European countries' prospects of becoming EU members depend heavily on, among other things, their per capita GDP levels. The growth prospects of these economies cannot be directly assessed, as the economic growth process in the transition countries is shown to not yet be described adequately by neoclassical growth theory.
Hlouskova, Jaroslava, Wagner, Martin
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Territorial Cohesion and the Pandemic in Romania
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 2021 Convergence and economic and social cohesion remain priorities for the EU, beyond failures to achieve the objectives of the ‘Europe 2020’ strategy. Convergence and territorial cohesion, as a prerequisite for sustainable and durable development, have been
Iordan Marioara +2 more
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Marginal Vertical Convergence: New Approach in Real Convergence Analysis
EUROPEAN RESEARCH STUDIES JOURNAL, 2021 Purpose: The main aim of this paper is to present a concept of marginal vertical income convergence. This method allows to determine the individual contribution of the objects (countries, regions) to the observed general process of real convergence.
Batog, Jacek, Batog, Barbara
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Real Convergence In The European Union: “New” Versus “Old” Member States [PDF]
SocioEconomic Challenges, 2020 The recent waves of enlargement of the European Union have created not only opportunities, but also challenges, emphasizing the complexity of the integration process and the difficulty to assure cohesion between Members.
Ana-Maria Holobiuc
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