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The Convergence Process in the EU Estimated by Gini Coefficients

Author

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  • Albu, Lucian Liviu

    () (Institute for Economic Forecasting)

Abstract

At present, there is not an unique indicator to evaluate the converge process. Varying with the assumptions and methodologies considered, with the indicators used and with the periods analysed, the results of the studies on convergence in the European Union are often ambiguous. Some of them support the existence of convergence, others conclude that a convergence process is not yet demonstrated and some authors point out that there is a divergence process. Using the Lorenz curve model and estimating on its basis Gini coefficients for the last decade we demonstrated in this study a significant convergence process in the EU, despite the negative impact of the actual crisis. However, the differences in matter of convergence emerge at the level groups of countries. Thus, while in EU-10 (recently joined countries to the EU) a strong convergence is visible, in EU-15 (old members of EU) a significant trend of divergence was demonstrated.

Suggested Citation

  • 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.
  • Handle: RePEc:rjr:romjef:v::y:2012:i:4:p:5-16
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    File URL: http://www.ipe.ro/rjef/rjef4_12/rjef4_2012p5-16.pdf
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    References listed on IDEAS

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    1. Aurel Iancu, 2006. "Problema convergentei economice," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, pages 43-64.
    2. Iancu, Aurel, 2010. "Transition, Integration And Convergence - The Case Of Romania -," Working Papers of National Institute of Economic Research 101222, National Institute of Economic Research.
    3. Pecican, Eugen Stefan, 2009. "Indicatori privind Convergenţa Reală şi aplicaţiilor acestora," Studii Economice 091004, National Institute of Economic Research.
    4. Gastwirth, Joseph L, 1972. "The Estimation of the Lorenz Curve and Gini Index," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 306-316, August.
    5. Iancu, Aurel, 2008. "Real Convergence and Integration," Journal for Economic Forecasting, Institute for Economic Forecasting, pages 27-40.
    6. Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mihaela Simionescu, 2017. "The GDP per Capita Convergence in the European Union," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(1), pages 81-87, March.
    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. Nazarczuk Jarosław M., 2015. "Regional distance: the concept and empirical evidence from Poland," Bulletin of Geography. Socio-economic Series, De Gruyter Open, vol. 28(28), pages 129-141, June.
    4. Lucian-Liviu Albu, 2012. "Structural Convergence in European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 1-10, December.
    5. Stavarek Daniel & Tomanova Lucie, 2014. "Is the region of Visegrad countries on the track to the euro area? Recent evidence from the real convergence perspective," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», pages 130-139.
    6. repec:sek:jijoes:v:6:y:2017:i:2:p:68-81 is not listed on IDEAS
    7. Stavarek Daniel & Tomanova Lucie, 2014. "Is the region of Visegrad countries on the track to the euro area? Recent evidence from the real convergence perspective," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», pages 130-139.
    8. Lucian-Liviu ALBU, 2012. "Trends In Income Distribution," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 33-44, December.
    9. repec:jes:journl:y:2017:v:8:p:127-146 is not listed on IDEAS
    10. 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.
    11. Mihaela Simionescu, 2015. "The Impact Of Economic Crisis On Inflation Convergence In The European Union. A Panel Data Approach," Journal Articles, Center For Economic Analyses, pages 37-46, June.

    More about this item

    Keywords

    convergence; Gini coefficient; Lorenz curve; divergence; the European Union;

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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