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Structural Convergence in European Union

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Author Info

  • Lucian-Liviu Albu

    (Institute for Economic Forecasting, Bucharest)

Abstract

Estimating structural convergence is a relatively recent topic in specialised literature. Based on the Solow theory of economic growth by stages and on empirical data for European Union we estimated a model to simulate structural changes. Using a set of selected indicators, we analyse the convergence process in the period 2000-2011 at the EU level (EU-27), but also inside of Eastern group of countries (EU-10) and inside of Western group of countries (EU-15). As general conclusion, at the EU level a general tendency of structural convergence was demonstrated. However, between the two groups of countries, there were some different trends in matter of structural convergence.

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Bibliographic Info

Article provided by Constantin Brancusi University, Faculty of Economics in its journal Constatin Brancusi University of Targu Jiu Annals - Economy Series.

Volume (Year): 4II (2012)
Issue (Month): (December)
Pages: 1-10

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Handle: RePEc:cbu:jrnlec:y:2012:v:4ii:p:1-10

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Related research

Keywords: structural convergence; Lorenz curve; divergence;

References

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  1. Iancu, Aurel, 2008. "Real Convergence and Integration," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(1), pages 27-40, March.
  2. Roel M.W.J. Beetsma & Henrik Jensen, . "Structural Convergence under Reversible and Irreversible Monetary Unification," EPRU Working Paper Series 99-06, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
  3. Yin, Ling & K. Zestos, George, 2003. "Economic Convergence in the European Union," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 18, pages 188-213.
  4. Maria Paula Fontoura & Nuno Crespo, 2004. "Integration of CEECs into EU Markets: Structural Change and Convergence," Working Papers Department of Economics 2004/15, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  5. Albu, Lucian Liviu, 2012. "The Convergence Process in the EU Estimated by Gini Coefficients," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-16, December.
  6. Palan, Nicole & Schmiedeberg, Claudia, 2010. "Structural convergence of European countries," Structural Change and Economic Dynamics, Elsevier, vol. 21(2), pages 85-100, May.
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Cited by:
  1. Olimpia Neagu, 2013. "Measurement Of Territorial Convergence. An Analysis In The Case Of Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 117-125, June.

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