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Real Economic Convergence

Authors: Iancu, Aurel;

Real Economic Convergence

Abstract

Real convergence is an essential objective of Romaniaâ s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose, special tools and mechanisms are required; e.g., cohesion. The study deals with the economic convergence of the European countries, and especially the convergence of the CEE countries, including Romania. Models are used to assess the economic growth, approximate the period of real convergence of Romania to the EU, as well as to estimate the Ï - and Ï -convergence, and the main shortcomings of the last indicator. * Study within the CEEX Programme â Project No. 220/2006 â Economic Convergence and Role of Knowledge in Relation to the EU Integrationâ .

Keywords

polarization, ddc:330, O41, Ï -convergence, O47, real convergence, club convergence, cohesion, real convergence, divergence, cohesion, club convergence, polarization, regression method, return to capital, σ-convergence, σ-convergence, regression method, E22, return to capital, C21, divergence, jel: jel:E22, jel: jel:C21, jel: jel:O41, jel: jel:O47

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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