ESTIMATION OF REAL CONVERGENCE WITHIN THE EUROPEAN UNION USING Σ AND Β CONVERGENCES

Ph.D Student Lazar Isadora
Additional contact information
Ph.D Student Lazar Isadora: Academy of Economic Studies, Bucharest, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2010, vol. 1, issue 14S, 165-175

Abstract: Romania’s entry into the Euro area is subject to fulfillment of the nominal convergence criteria, progress in terms of real convergence being also required. In order to analyze the level of real convergence inside EU, the concepts of σ and β convergence are used. I have taken into consideration the level of GDP/capita (PPS euro) for the member states, during 2000- 2007. I have split the research in two directions: one trying to outline the convergence degree inside the EU, regardless the number of member states, to conclude whether the waves of accession have compromised the convergence, the second one trying to assess the convergence tendency of member states, grouped in UE 15, UE 25 and UE 27 with the purpose of outlining the efficiency of the pre and post accession programs.

Keywords: real convergence; nominal convergence; sigma convergence; beta convergence (search for similar items in EconPapers)
JEL-codes: E20 F15 O10 O52 O57 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/RTE/014S-23.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2010:i:14s:p:165-175

Access Statistics for this article

Revista Tinerilor Economisti (The Young Economists Journal) is currently edited by Ionascu Costel

More articles in Revista Tinerilor Economisti (The Young Economists Journal) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Ionascu Costel ().