Convergence of GDP per capita in EU25 : Does it happen and how can it be explained?

The EU25 Member States’ GDP per capita levels converged in 1994-2005. Convergence occurred at an average speed of approximately 1.5 percent per year. In the first part of this paper unconditional convergence is analyzed by looking at both β- and σ-convergence and the performances of the catch-up eco...

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Bibliographic Details
Main Author: Nybom, Martin
Format: Others
Language:English
Published: Uppsala universitet, Nationalekonomiska institutionen 2007
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-7657