Convergence analysis among the ten European transition economies


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Please use this identifier to cite or link to this item:http://hdl.handle.net/2115/42820

Title:	Convergence analysis among the ten European transition economies
Authors:	Vojinović, Borut Browse this author
	Acharya, Sanjaya Browse this author
	Próchniak, Mariusz Browse this author
Keywords:	economic growth
	economic convergence
	transition economies
	European Union
Issue Date:	Dec-2009
Publisher:	Hitotsubashi University
Journal Title:	Hitotsubashi Journal of Economics
Volume:	50
Issue:	2
Start Page:	123
End Page:	141
Abstract:	This paper presents the analysis of sigma (σ) and beta (β) convergences of per capita GDP among the 10 European countries which accessed the European Union in 2004. Our results confirm the existence of both types of convergence in the second half of the 1990s and the 2000s. Generally, the poorer and new EU member states grew faster than the richer new EU member states. As a result, the income gap between these two groups of countries has narrowed although it still remains quite large. The convergence occurred at the rate of 4.2% during the period 1992-2006 and 7.0% and 9.6% during the sub periods 1995-2006 and 2002-2006, respectively.
Type:	article
URI:	http://hdl.handle.net/2115/42820
Appears in Collections:	経済学院・経済学研究院 (Graduate School of Economics and Business / Faculty of Economics and Business) > 雑誌発表論文等 (Peer-reviewed Journal Articles, etc)

Submitter: Sanjaya Acharya

OAI-PMH ( junii2 , jpcoar_1.0 )

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