Do Balkan countries have a European Future ? An analysis of real economic convergence, 1989-2005

Jalal El Ouardighi and Rabija Somun-Kapetanovic
Additional contact information
Jalal El Ouardighi: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
Rabija Somun-Kapetanovic: UNIVERSITY OF SARAJEVO - UNIVERZITET U SARAJEVU

Post-Print from HAL

Abstract: The purpose of this paper is to assess the economic performance of Balkan countries compared to the European Union over the period 1989-2005. We use three economic indicators of income, productivity and employment. The analysis rests on the test of the real convergence process of these indicators. The results show evidence of real convergence (i.e., convergence hypothesis and reduction of inequalities) of labour productivity in Balkans, but they are mixed for income per capita and employment rate. The development gap between the Balkans and the European Union, which has widened considerably in the 1991-1993 period, shows a sign of recovery after this date. However, the gap remains very deep and the process of catching up with the European Union is too slow.

Keywords: Convergence; Balkan Countries; Statistical Framework (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Published in The South East European Journal of Economics and Business, 2005, 2 (2), pp.23-30. ⟨10.2478/v10033-007-0002-4⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-00279254

DOI: 10.2478/v10033-007-0002-4

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().