Convergence analysis among the ten European transition economies

Vojinović, Borut; Acharya, Sanjaya; Próchniak, Mariusz

Hitotsubashi Journal of Economics, 2009, 50(2), 123-141

Permalink : https://hdl.handle.net/2115/42820

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アクセス権	open access
URI	https://hdl.handle.net/2115/42820
タイトル	Convergence analysis among the ten European transition economies
著者	Vojinović, Borut ; Acharya, Sanjaya ; Próchniak, Mariusz
著者名 Vojinović, Borut
著者名 Acharya, Sanjaya
著者名 Próchniak, Mariusz
言語	英語
キーワード	economic growth
	economic convergence
	transition economies
	European Union
発行日	2009-12
出版者	Hitotsubashi University
収録物名	Hitotsubashi Journal of Economics
巻(号)	50(2)
ページ	123-141
抄録	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.
資源タイプ	学術雑誌論文
出版タイプ	Version of Record
PISSN	0018-280X
NCID	AA00207547