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Konvergence inflací zemí Cefta a Evropské unie - odhad panelovou metodou
[Inflation convergence: Cefta and European union - panel method estimation]

Author

Listed:
  • Zdeněk Dvorný

Abstract

The study is an empirical investigation of inflation convergence between CEFTA and EU countries. The question of both groups convergence as well as convergence of each individual countries within those groups is particularly discussed in the paper. Detailed analysis was carried out by use of panel estimation in the individual and in the time setup. The study reveals an unambiguous convergence of all CEFTA inflations towards the EU levels between 1993 and 2000.

Suggested Citation

  • Zdeněk Dvorný, 2003. "Konvergence inflací zemí Cefta a Evropské unie - odhad panelovou metodou [Inflation convergence: Cefta and European union - panel method estimation]," Politická ekonomie, Prague University of Economics and Business, vol. 2003(2).
  • Handle: RePEc:prg:jnlpol:v:2003:y:2003:i:2:id:400
    DOI: 10.18267/j.polek.400
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    More about this item

    Keywords

    inflation; convergence; European Union; CEFTA; panel estimation;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • F15 - International Economics - - Trade - - - Economic Integration

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