Economic Convergence. Applications - Second Part -

Aurel Iancu

Journal for Economic Forecasting, 2007, vol. 4, issue 4, 24-48

Abstract: Real convergence is an essential objective of Romania’s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose, special tools and mechanisms are required; e.g., cohesion. The study deals with the economic convergence of the European countries, and especially the convergence of the CEE countries, including Romania. Models are used to assess the economic growth, approximate the period of real convergence of Romania to the EU, as well as to estimate the s- and ß-convergence, and the main shortcomings of the last indicator. Second part comprises some models and evidence of the economic growth and convergence.

Keywords: Real convergence; divergence; regression method; return to capital; s-convergence; ß-convergence (search for similar items in EconPapers)
JEL-codes: C4 C5 F15 F43 F47 O41 O52 O57 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.ipe.ro/rjef/rjef4_07/rjef4_07_2.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:rjr:romjef:v:4:y:2007:i:4:p:24-48

Access Statistics for this article

Journal for Economic Forecasting is currently edited by Lucian Liviu Albu and Corina Saman

More articles in Journal for Economic Forecasting from Institute for Economic Forecasting Contact information at EDIRC.
Bibliographic data for series maintained by Corina Saman ( this e-mail address is bad, please contact ).