Real Convergence in the European Union: Myth or Reality?

Holobiuc Ana-Maria Mihai Bogdan
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Holobiuc Ana-Maria Mihai Bogdan: Universitatea “Babeş-Bolyai” din Cluj-Napoca, Academia de Studii Economice din Bucureşti

Revista OEconomica, 2018, issue 03-4

Abstract: The purpose of this paper is to study whether the real convergence process is faster in the new member states than in the old member states of the EU. Based on the theoretical and empirical research, we reveal that, at country level, the new member states have registered a higher pace of convergence than the old ones. Nevertheless, we find that, at the regional level, the economic performance is not equally distributed.

Keywords: European Union; real convergence; new member states; economic growth; regional disparities (search for similar items in EconPapers)
JEL-codes: O40 O52 O57 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:oen:econom:y:2018:i:03-4:id:525

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