La vicenda del partenariato euromediterraneo: prospettive e percorsi di integrazione

Giuseppe Notarstefano and Raffaele Scuderi
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Giuseppe Notarstefano: Dipartimento di Contabilità Nazionale ed Analisi dei Processi Sociali, Universtià di Palermo
Raffaele Scuderi: Dipartimento dei Metodi Quantitativi per le Scienze Umane, Università di Palermo

Rivista Internazionale di Scienze Sociali, 2004, vol. 112, issue 4, 399-432

Abstract: Countries agreeing to Euro-Mediterranean Partnership show different levels of development, so that they are far from converging in per capita GDP growth rates. As shown by literature, an important role in growth can be played by foreign direct investment (FDI). Beta and Sigma approaches to convergence are applied to prove the absence of gaps reduction in the area, and the importance of FDI in a context where less developed countries do not attract FDI as much as other developing countries. Persistency matrix and fuzzy clustering methods are then applied to verify the composition and stability in time of “convergence clubs”.

Keywords: Euro-Mediterranean Partnership; foreign direct investment; convergence; convergence clubs; persistency matrix; fuzzy clustering. (search for similar items in EconPapers)
JEL-codes: C49 F21 O11 O52 O53 O55 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2004:v:112:i:4:p:399-432

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