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Les épisodes de la convergence européenne

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  • Pierre-Yves Hénin
  • Yannick Le Pen

Abstract

[eng] Periods for european convergence. Real convergence of european economies is disputed in recent studies which suggest an opposition between real and nominal convergence. This paper enlarges the perspective and considers real convergence over différents periods covering twelve decades. Results for 14 european countries are presented within a simple diagram which highlights the distinction between p- and CJ-convergence. Finally, national specific performances, as measured by residuals to the growth equation, are not found persistent. [fre] La convergence des économies européennes a semblé remise en cause par des études récentes sur la base d'une opposition entre convergence nominale et divergence réelle. L'étude proposée s'attache à dégager sur diverses sous-périodes ou « épisodes » couvrant 12 décennies les facteurs respectifs de ft et de a-convergence réelle de 14 pays européens. Les résultats sont resitués par rap­port à une frontière de convergence sur laquelle la tendance endogène au rattra­page des pays riches compense exactement le renouvellement des écarts par des chocs asymétriques. L'examen des écarts de croissance conditionnelle par pays révèle enfin une persistence limitée de ces écarts.

Suggested Citation

  • Pierre-Yves Hénin & Yannick Le Pen, 1995. "Les épisodes de la convergence européenne," Revue Économique, Programme National Persée, vol. 46(3), pages 667-677.
  • Handle: RePEc:prs:reveco:reco_0035-2764_1995_num_46_3_409676
    Note: DOI:10.3406/reco.1995.409676
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    References listed on IDEAS

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    1. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 407-443.
    2. Damien Neven & Claudine Gouyette & Jean Pisani-Ferry, 1994. "European Integration and Regional Growth," Revue Économique, Programme National Persée, vol. 45(3), pages 703-713.
    3. Quah, Danny, 1993. " Galton's Fallacy and Tests of the Convergence Hypothesis," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 427-443, December.
    4. van de Klundert, Theo C N J & van Schaik, Anton, 1993. "On the Historical Continuity of the Process of Economic Growth," CEPR Discussion Papers 850, C.E.P.R. Discussion Papers.
    5. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-1085, December.
    6. Hall, S G & Robertson, D & Wickens, M R, 1992. "Measuring Convergence of the EC Economies," The Manchester School of Economic & Social Studies, University of Manchester, vol. 60(0), pages 99-111, Supplemen.
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    Cited by:

    1. Théophile T. Azomahou & Jalal El Ouardighi & Phu Nguyen Van & Thi Kim Cuong Pham, 2006. "Estimation semi-paramétrique de la convergence des régions européennes," Economie & Prévision, La Documentation Française, vol. 0(2), pages 97-110.
    2. Catherine Fuss, 1999. "Mesures et tests de convergence : une revue de la littérature," Revue de l'OFCE, Programme National Persée, vol. 69(1), pages 221-249.
    3. Christina Elschner & Jost H. Heckemeyer & Christoph Spengel, 2011. "Besteuerungsprinzipien und effektive Unternehmenssteuerbelastungen in der Europäischen Union: Regelt sich die EU‐weite Steuerharmonisierung von selbst?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 12(1), pages 47-71, February.
    4. Fernando M. M. Ruiz, 2006. "Convergence de l'impôt sur les sociétés dans l'Union E uropéenne," Economie & Prévision, La Documentation Française, vol. 0(2), pages 79-96.
    5. Jacky Fayolle, 1999. "D'une mondialisation à l'autre," Revue de l'OFCE, Programme National Persée, vol. 69(1), pages 161-206.
    6. repec:spo:wpecon:info:hdl:2441/2095 is not listed on IDEAS
    7. Guillaume Gaulier & Séverine Haller, 2003. "Les prix automobile dans l'Union Européenne : y a-t-il eu convergence depuis 1993 ?," Economie & Prévision, La Documentation Française, vol. 157(1), pages 83-96.
    8. Sébastien BOURDIN, 2013. "Une Mesure Spatiale Locale De La Sigma-Convergence Pour Evaluer Les Disparites Regionales Dans L’Union Europeenne," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 37, pages 179-196.
    9. Philippe Casin, 2003. "Une analyse structurelle de la σ-convergence. Application aux pays de la zone euro," Économie et Prévision, Programme National Persée, vol. 159(3), pages 39-52.
    10. Catherine Baumont & Cem Ertur & Julie Le Gallo, 2000. "Convergence of European regions (an approach by spatial econometrics)
      [Convergence des régions européennes (une approche par l'économétrie spatiale)]
      ," Working Papers hal-01526961, HAL.
    11. Jacky Fayolle & Jacques Le Cacheux, 1998. "Élargissement, PAC, politiques structurelles et « juste retour » : la quadrature du cercle budgétaire européen," Revue de l'OFCE, Programme National Persée, vol. 66(1), pages 37-60.
    12. Bourdin, Sebastien & Elissalde, Bernard & Langlois, Patrice & Goya, Dominique, 2011. "Une approche prospective de la configuration des disparités économiques régionales au sein de l'Union européenne par la modélisation et la simulation
      [A forward-looking approach of the configuratio
      ," MPRA Paper 41307, University Library of Munich, Germany, revised 2011.
    13. Bourdin, Sebastien, 2010. "Repenser le futur de la politique de cohésion européenne pour les pays d’europe centrale et orientale : la prise en compte de l’espace géographique comme piste de recherche
      [Rethinking the future o
      ," MPRA Paper 40888, University Library of Munich, Germany, revised 2010.

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