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Crisis And Convergence In The European Union

Author

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  • LIVIU-STELIAN BEGU
  • MIRELA DIACONESCU

Abstract

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 of European Union member countries and some current economic impact assessments on European convergence process. The study deals with the economic convergence of the European countries and especially the convergence of the EU countries, including Romania.

Suggested Citation

  • Liviu-Stelian Begu & Mirela Diaconescu, 2011. "Crisis And Convergence In The European Union," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 3(3 (Novemb), pages 387-392.
    • Handle: RePEc:shc:jaresh:v:3:y:2011:i:3:p:387-392
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    More about this item

    Keywords

    real convergence; ?-convergence; ß-convergence; Markov Chain Analysis;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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