Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212494 
Year of Publication: 
2001
Series/Report no.: 
BOFIT Discussion Papers No. 13/2001
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
This is an empirical study of the real income convergence among the fifteen European Union members and the eleven transition economies of Central and Eastern Europe.Debates and research on EU enlargement tends to concentrate on normative issues, so empirical studies constitute a small share of published work on the subject. This empirical investigation relies on available data on transition, and employs several econometric techniques including graphic analysis, classical cross-section regression and dynamic panel data estimations.Most estimation methods find positive convergence, but estimated rates of convergence vary considerably.
Persistent Identifier of the first edition: 
ISBN: 
951-686-808-8
Document Type: 
Working Paper

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