Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110422
Authors: 
Iancu, Aurel
Year of Publication: 
2009
Series/Report no.: 
Working Papers of National Institute of Economic Research, Romanian Academy 090104
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 .
Subjects: 
real convergence
divergence
cohesion
club convergence
polarization
regression method
return to capital
Ï -convergence
Ï -convergence
JEL: 
C21
E22
O41
O47
Document Type: 
Working Paper

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