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Structural Convergence in European Union

Author

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  • 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.

Suggested Citation

  • Lucian-Liviu Albu, 2012. "Structural Convergence in European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 1-10, December.
  • Handle: RePEc:cbu:jrnlec:y:2012:v:4ii:p:1-10
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    References listed on IDEAS

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    1. 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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    3. Beetsma, Roel M. W. J. & Jensen, Henrik, 2003. "Structural convergence under reversible and irreversible monetary unification," Journal of International Money and Finance, Elsevier, vol. 22(3), pages 417-439, June.
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    6. Iancu, Aurel, 2008. "Real Convergence and Integration," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(1), pages 27-40, March.
    7. 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.
    8. repec:bla:jcmkts:v:45:y:2007:i::p:611-632 is not listed on IDEAS
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    Cited by:

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    2. Mihaela SIMIONESCU, 2014. "The economic convergence in European Union based on concentration and entropy approach," EuroEconomica, Danubius University of Galati, issue 1(33), pages 31-42, May.
    3. 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.
    4. Daniela Antonescu, 2020. "Trends of Convergence at Regional Level in European Union (EU-28)," Book chapters-LUMEN Proceedings, in: Marcin Waldemar STANIEWSKI & Valentina VASILE & Adriana Grigorescu (ed.), International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), edition 1, volume 14, chapter 35, pages 483-497, Editura Lumen.
    5. Qiantao A. Zhang & Brian M. Lucey, 2019. "Globalisation, the Mobility of Skilled Workers, and Economic Growth: Constructing a Novel Brain Drain/Gain Index for European Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1620-1642, December.
    6. Piekut Marlena, 2015. "The Rich North-west, The Poor Middle-east – Consumption In EU Households," Comparative Economic Research, Sciendo, vol. 18(1), pages 43-63, March.
    7. Mihaela-Nona Chilian & Marioara Iordan & Carmen Beatrice Pauna, 2016. "Real and structural convergence in the Romanian counties in the pre-accession and post-accession periods," ERSA conference papers ersa16p320, European Regional Science Association.

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