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Convergenta Reala

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Author Info
Iancu, Aurel (Academia Romana, Institutul National de Cercetari Economice)
Abstract

Real convergence is an essential objective of Romania’s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose, special tools and mechanisms are required; e.g., cohesion. The study deals with the economic convergence of the European countries, and especially the convergence of the CEE countries, including Romania. Models are used to assess the economic growth, approximate the period of real convergence of Romania to the EU, as well as to estimate the s- and ß-convergence, and the main shortcomings of the last indicator. * Study within the CEEX Programme – Project No. 220 “Economic Convergence and Role of Knowledge in Relation to the EU Integration”.

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File URL: ftp://www.ipe.ro/RePEc/ror/ror_pdf/seince090701.pdf
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Publisher Info
Paper provided by National Institute of Economic Research in its series Studii Economice with number 090701.

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Length: 89 pages
Date of creation: Jul 2009
Date of revision:
Handle: RePEc:ror:seince:090701

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Related research
Keywords: Real convergence; divergence; cohesion; club convergence; polarization; regression method; return to capital; s-convergence; ß-convergence;

Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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This page was last updated on 2009-12-1.

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