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Price convergence of peripheral European countries on the way to the EMU: A time series approach

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Author Info
Miriam Camarero () (Departamento de EconomÎa, Campus del Riu Sec, Jaume I University, E-12080 CastellÕn, Spain Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA Facultad de Ciencas EconÕmicas y Empresariales, Departamento de Economi´a Aplicada II, Universidad de Valencia, Apartado Oficial 22006, E-46071 Valencia, Spain)
Vicente Esteve () (Departamento de EconomÎa, Campus del Riu Sec, Jaume I University, E-12080 CastellÕn, Spain Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA Facultad de Ciencas EconÕmicas y Empresariales, Departamento de Economi´a Aplicada II, Universidad de Valencia, Apartado Oficial 22006, E-46071 Valencia, Spain)
Cecilio Tamarit () (Departamento de EconomÎa, Campus del Riu Sec, Jaume I University, E-12080 CastellÕn, Spain Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA Facultad de Ciencas EconÕmicas y Empresariales, Departamento de Economi´a Aplicada II, Universidad de Valencia, Apartado Oficial 22006, E-46071 Valencia, Spain)

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Abstract

This paper examines price and inflation convergence between three European countries (Italy, Spain and the U.K.) and a European average and, alternatively, between them and Germany from the beginning of the 80's.

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Publisher Info
Article provided by Springer in its journal Empirical Economics.

Volume (Year): 25 (2000)
Issue (Month): 1 ()
Pages: 149-168
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Handle: RePEc:spr:empeco:v:25:y:2000:i:1:p:149-168

Note: received: March 1997/final version received: May 1999
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Related research
Keywords: Nominal convergence; unit root; cointegration; time-varying parameters;

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Find related papers by JEL classification:
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
F15 - International Economics - - Trade - - - Economic Integration

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bentzen, Jan & Smith, Valdemar, 2003. "Regional income convergence in the Scandinavian countries," Working Papers 03-20, University of Aarhus, Aarhus School of Business, Department of Economics. [Downloadable!]
  2. Chien-Chiang Lee & Chun-Ping Chang, 2007. "Mean reversion of inflation rates in 19 OECD countries: Evidence from panel Lm unit root tests with structural breaks," Economics Bulletin, Economics Bulletin, vol. 3(23), pages 1-15. [Downloadable!]
  3. Bentzen, Jan, 2003. "An empirical analysis of gasoline price convergence for 20 OECD countries," Working Papers 03-19, University of Aarhus, Aarhus School of Business, Department of Economics. [Downloadable!]
  4. Salvador Gil-Pareja & Simón Sosvilla-Rivero, . "Price Convergence in the European Car Market," Working Papers 2005-22, FEDEA. [Downloadable!]
    Other versions:
  5. Consuelo Gámez Amián & Amalia Morales Zumaquero., 2002. "Complete or Partial Inflation Convergence in the EU?," Economic Working Papers at Centro de Estudios Andaluces E2002/09, Centro de Estudios Andaluces. [Downloadable!]
  6. Salvador Gil-Pareja & Simón Sosvilla-Rivero, 2004. "Export market integration in the European Union," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 271-301, November. [Downloadable!]
    Other versions:
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