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2014 | 7 | nr 1 | 48--60
Tytuł artykułu

Testing Sigma Convergence Across EU-28

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The main goal of this research is to assess the degree of convergence in European Union- 28 (EU-28) during 2000-2012. After a spatial analysis of macroeconomic indicators using maps and graphs that were built in GeoDa, the sigma convergence was tested. For this purpose, variation indicators in the simple and weighted variant for GDP per capita in PPS were utilized, the weights being given by the population weights in each country of the EU-28. The results indicated a decrease in divergence process in 2012 compared to 2000, but there is still not enough evidence for the closeness of an acceptable degree of convergence. However, there is a low degree of divergence in EU-28 compared to EU-27 in 2012 with respect to 2000. In 2012, the EU-28 populations explained better the GDP compared to the number of employed persons. (original abstract)
Rocznik
Tom
7
Numer
Strony
48--60
Opis fizyczny
Twórcy
  • Romanian Academy
Bibliografia
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  • Beyaert, C., García-Solanes, M. (2014), Output gap and non-linear economic convergence, Journal of Policy Modeling, Vol. 36, Issue 1, January-February 2014, pp. 121-135.
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  • Iancu, A. (2009), Real Economic Convergence, Working Papers of National Institute of Economic Research 090104, National Institute of Economic Research.
  • Lavrinenko, O., Lavrinovich, I., Ohotina, A. (2014), Factors of income differention in Latvia: 2000-2011, ActualProblems of Economics, No. 3(153), pp. 359-369.
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171297357

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