Arbeitspapier
Real Convergence and Integration
The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical model hypotheses), as well as on the real process of polarisation of the economic activities, taking place worldwide and in accordance with the law of competition. Unlike those who trust the perfect competitive market virtues, the EU's economic policy is realistic as it is based on the harmonisation of the market forces with an economic policy based on the principle of cohesion, which supports, by means of economic levers, the less developed regions and member countries. Our paper deals with the evolution of the EU cohesion funds, as well as with the results of convergence. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and Role of Knowledge in Relation to the EU Integration .
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers ; No. 090102
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Investment; Capital; Intangible Capital; Capacity
One, Two, and Multisector Growth Models
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
neoclassical model
marginal rate of return to capital
polarisation
convergence
divergence
cohesion
cohesion among countries
cohesion funds
structural funds
variation coefficient.
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Iancu, Aurel
- Ereignis
-
Veröffentlichung
- (wer)
-
Romanian Academy, National Institute for Economic Research
- (wo)
-
Bucharest
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Iancu, Aurel
- Romanian Academy, National Institute for Economic Research
Entstanden
- 2009
Ähnliche Objekte (12)
European integration, productivity growth and real convergence
Real convergence and its illusions
Real convergence, price level convergence and inflation in Europe
Real Economic Convergence
Real convergence, price level convergence and inflation differentials in Europe
Real Convergence, Price Level Convergence and Inflation Differentials in Europe
Indicators of real convergence and their application
Equity Markets, Financial Integration and Competitive Convergence
Rethinking stock market integration: Globalization, valuation and convergence
Transition, integration and convergence - The case of Romania -
Integration and conditional convergence in the enlarged EU area
Market Integration Dynamics and Asymptotic Price Convergence in Distribution
European integration, productivity growth and real convergence
Real convergence and its illusions
Real convergence, price level convergence and inflation in Europe
Real Economic Convergence
Real convergence, price level convergence and inflation differentials in Europe
Real Convergence, Price Level Convergence and Inflation Differentials in Europe
Indicators of real convergence and their application
Equity Markets, Financial Integration and Competitive Convergence
Rethinking stock market integration: Globalization, valuation and convergence
Transition, integration and convergence - The case of Romania -
Integration and conditional convergence in the enlarged EU area
Market Integration Dynamics and Asymptotic Price Convergence in Distribution
European integration, productivity growth and real convergence
Real convergence and its illusions
Real convergence, price level convergence and inflation in Europe
Real Economic Convergence
Real convergence, price level convergence and inflation differentials in Europe
Real Convergence, Price Level Convergence and Inflation Differentials in Europe
Indicators of real convergence and their application
Equity Markets, Financial Integration and Competitive Convergence
Rethinking stock market integration: Globalization, valuation and convergence
Transition, integration and convergence - The case of Romania -
Integration and conditional convergence in the enlarged EU area