Real beta and sigma convergence in 27 transition countries, 1990-2005
Ryszard Rapacki and
Mariusz Próchniak (mproch@sgh.waw.pl)
Post-Communist Economies, 2009, vol. 21, issue 3, 307-326
Abstract:
The aim of this study is a detailed analysis of real economic convergence in 27 former socialist (or transition) countries. We focus on two concepts of convergence: absolute (unconditional) beta convergence and sigma convergence. The time frame of our study is 1990-2005. We provide a broad empirical picture of convergence. First, we analyse the catching-up process in the whole group of 27 countries as well as in several narrower sub-groups. Second, we carry out our calculations for the entire period 1990-2005 as well as for shorter sub-periods.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pocoec:v:21:y:2009:i:3:p:307-326
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DOI: 10.1080/14631370903090616
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