On the Relationship between Economic Integration, Business Environment and Real Convergence: The Experience of the CEE Countries

Głodowska, Agnieszka; Pera, Bożena

doi:10.3390/economies7020054

Cited by 21 publications

(15 citation statements)

References 52 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Therefore, as we might see in the figure above, the Baltic states, Poland, Slovakia and Romania registered the best economic performance relative to the EU-14 average, while Italy, Denmark, France and Germany attained the lowest rates of growth vis-à-vis the EU-14 average. This result is also confirmed by the previous literature that analysed the absoluteconvergence considering the year 1995 as the initial one (Siljak, 2015;Mihaljek, 2018;Glodowska and Pera, 2019).…”

Section: Figure No 1 − Unconditional Speed Of Convergence Of Eu Counsupporting

confidence: 89%

“…Moreover, it seems that controlling for the quality of institutions augments quite much the level of convergence. The significant role that the institutional framework plays in increasing performance in the EU states was already confirmed by the empirical literature (Borys et al, 2008;Glodowska andPera, 2019, Marelli andSignorelli, 2010;Masuch et al, 2016;Żuk and Savelin, 2018).…”

Section: Source: Authors' Calculationsmentioning

confidence: 70%

See 1 more Smart Citation

Real Convergence and European Integration With Focus on the New Member States

Stoica

Roman

Diaconaşu

2019

SAEB

View full text Add to dashboard Cite

Our paper aims to analyse the dynamics of real economic convergence and the impact of several macroeconomic and institutional factors on this process, within the EU countries for the period 1995-2018. Employing cross-sectional and panel data techniques, this paper examines both the level and dynamics of absolute and conditional convergence within the EU28 countries and identifies key drivers of economic growth within the EU28 and subsequent groups (the EU15 versus New EU Member States group), by taking into consideration the impact of the recent global economic crisis. We find that the real convergence process is quite uneven and unstable over the 1995-2018 period. Our results confirm the negative effects of the recent global economic crisis on per capita GDP growth, suggesting a weakening of the convergence process at the EU28 level, especially at the level of New EU Member States. In addition, we find that investment, the openness of the economy and the quality of the institutional framework represent the main drivers of real convergence within the EU countries.

show abstract

Section: Figure No 1 − Unconditional Speed Of Convergence Of Eu Counsupporting

confidence: 89%

Section: Source: Authors' Calculationsmentioning

confidence: 70%

Real Convergence and European Integration With Focus on the New Member States

Stoica

Roman

Diaconaşu

2019

SAEB

View full text Add to dashboard Cite

show abstract

“…Result and interpretation Kendall's rank concordance coefficient can be used to verify the γ-convergence hypothesis [27]. Its form taking into account changes occurring in individual years of the analyzed period looks as follows:…”

Section: Criteria Hellwig Methods Topsis Methodsmentioning

confidence: 99%

“…Fourth, the economic interests and the raison d'etre, and the geopolitical circumstances of individual member states are divergent and sometimes even mutually exclusive [8]. Fifth, processes, which means to check the gamma (γ) type of convergence [27]. For calculations, we use the available statistical data from Eurostat for the years 2005-2018.…”

Section: Introductionmentioning

confidence: 99%

Europeanization Processes of the EU Energy Policy in Visegrad Countries in the Years 2005–2018

et al. 2021

Self Cite

View full text Add to dashboard Cite

Energy issues are sensitive for the four Visegrad countries as European Union (EU) member states; thus, this area’s convergence might be problematic for these countries. There is a clear research gap concerning the processes of Europeanization of the energy policy in the Visegrad countries. This article aims to identify and evaluate the progress of four Visegrad countries (V4) in implementing the EU energy goals in the context of the Europeanization. The article uses three main methods: Hellwig’s method, Kendall’s rank concordance coefficient, and k-means clustering. These calculations will allow one to study the Europeanization processes, which means checking the gamma convergence. For calculations, we use the available statistical data from Eurostat for the years 2005–2018. Poland and other Central European countries, including Czechia, and Hungary, largely depend on coal for their energy needs. The empirical results have shown that there have been no significant changes in the classification of EU countries in terms of their fulfillment of the EU climate and energy targets in the analyzed period. This is the case in all EU member states, including the Visegrad Group countries, but except for Poland. This means that the level of Europeanization of the energy policy and its effectiveness is similar in all member states except for Poland, which is becoming a kind of the exception. Throughout the investigating period, the Czech Republic, Hungary, and Slovakia were close to meeting the set targets and could be rated high compared to the EU countries. Poland, especially since 2015, has been noticeably and increasingly distanced from the other V4 countries. It can be perceived as a gradual drift away from Europeanization of the EU climate and energy policy in Poland.

show abstract

“…On the other hand, the middle-income economies, which achieved rapid convergence progress, are characterized by, among other things, high levels of high-tech exports and patents . As other studies (Liontakis 2020;Głodowska and Pera 2019) focus on convergence in GDP per capita, the present research goes beyond income convergence and concentrates on the thematic area of convergence in innovation performance in the world economy, trying to provide an answer to the question of whether if countries with a lower level of innovativeness can catch up with innovation leaders?…”

Section: Introductionmentioning

confidence: 99%

Moderate Innovator Trap—Does the Convergence of Innovation Performance Occur in the World Economy?

Kowalski

Rybacki

2021

Economies

View full text Add to dashboard Cite

Based on β and σ convergence analysis, we find a high persistence of innovation gaps for international innovation indices reported by the European Commission. Our research confirms the diverging scientific potential across the analyzed economies. Estimation provides evidence of convergence in the case of R&D expenses and the relative position on the global technological frontier. We propose a simple fixed effect panel regression measuring relative innovativeness potential. Our model suggests that current ranking leaders, i.e., Nordic countries (Sweden, Denmark, and Finland) and Germany, are likely to further outpace the United States. Central and Eastern European countries are achieving the greatest relative gains but are unlikely to exceed 70% of US potential. Peripheral European countries, South Africa, Turkey, and Russia are projected to further lose their innovativeness position despite their weaker initial position.

show abstract

On the Relationship between Economic Integration, Business Environment and Real Convergence: The Experience of the CEE Countries

Cited by 21 publications

References 52 publications

Real Convergence and European Integration With Focus on the New Member States

Real Convergence and European Integration With Focus on the New Member States

Europeanization Processes of the EU Energy Policy in Visegrad Countries in the Years 2005–2018

Moderate Innovator Trap—Does the Convergence of Innovation Performance Occur in the World Economy?

Contact Info

Product

Resources

About