Real convergence in some Central and Eastern European countries

Authors: CuÃ±ado, Juncal; Gracia, Fernando Perez de

Source: Applied Economics, Volume 38, Number 20, 10 November 2006 , pp. 2433-2441(9)

Publisher: Routledge, part of the Taylor & Francis Group

Buy & download fulltext article:

Price: $49.55 plus tax (Refund Policy)

Abstract:

<p>This article examines the real convergence hypothesis in some Central and East European countries (both towards the German and the US economies) by means of using time series techniques during the period 1950 to 2003. No evidence is found of real convergence for the whole period. However, when one allows for structural breaks, evidence is found of a catch-up process during the 1990s to 2003 period for Poland, the Czech Republic and Hungary towards Germany and only for Poland towards the US economy.</p>

Document Type: Research article

DOI: http://dx.doi.org/10.1080/00036840500427718

Affiliations: 1: Universidad de Navarra, Campus Universitario, Facultad de Ciencias EconÃ³micas, Edificio Biblioteca, Entrada Este, E-31080 Pamplona, Spain

Publication date: 2006-11-10

More about this publication?