Real beta and sigma convergence in 27 transition countries, 1990–2005

Rapacki, Ryszard; Próchniak, Mariusz

doi:10.1080/14631370903090616

Cited by 55 publications

(45 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The adoption of the sigma convergence approach for comparative catch-up is consistent with recent literature (Young et al, 2008;Rapacki & Prochniak, 2009;.…”

Section: Methodssupporting

confidence: 77%

Human capital, knowledge creation, knowledge diffusion, institutions and economic incentives: South Korea versus Africa

Asongu

Tchamyou

2018

Contemporary Social Science

View full text Add to dashboard Cite

This article compares African countries to South Korea in terms of knowledge economy (KE).Emphasis is laid on human capital, knowledge creation, knowledge diffusion, institutions and economic incentives. The analytical approach consists of providing knowledge economy catch-up strategies that can be understood within the context of country-specific gaps between the frontier country in KE and laggard African countries. The empirical evidence is based on sigma convergence with data for the period 1996-2010. Overall, a KE diagnosis is provided by assessing KE gaps (between South Korea and specific-African countries) and suggesting compelling catch-up strategies with which to reduce identified gaps. Contemporary and noncontemporary policies from South Korea and more contemporary policies based on challenges of globalisation are discussed. The policy relevance of this inquiry aligns with the scholarly perspective that catch-up between South Korea and more advanced economies was accelerated by the former adapting to and assimilating relatively obsolete technological knowhow from more developed nations.JEL Classification: O10; O30; O38; O55; O57

show abstract

“…The adoption of the sigma convergence approach for comparative catch-up is consistent with recent literature (Young et al, 2008;Rapacki & Prochniak, 2009;.…”

Section: Methodssupporting

confidence: 77%

Human capital, knowledge creation, knowledge diffusion, institutions and economic incentives: South Korea versus Africa

Asongu

Tchamyou

2018

Contemporary Social Science

View full text Add to dashboard Cite

show abstract

“…The whole sample covers over 20 years, during which the CEE economies became economically stable countries with similar GDP per capita (Figure 1) as a result of the capital and labour flows between them and the core EU15 countries, EU structural funds and foreign direct investment. These factors make the CEE group relatively homogeneous (see Rapacki, Próchniak, 2009;Strielkowski, Höschle, 2016).…”

Section: Results Obtained For Cee Countriesmentioning

confidence: 99%

The heterogeneity of convergence in transition countries

Pipień

Roszkowska

2018

Post-Communist Economies

View full text Add to dashboard Cite

ABSTRACT:For two groups of post-communist countries (CEE and CIS) we estimated the parameters of convergence equations on the basis of annual data. We depart from standard econometric theory, which involves panel regression techniques. We test cross-country heterogeneity of parameters within a system of Seemingly Unrelated Regression Equations (SURE). We show empirical evidence in favour of the variability of parameters describing the convergence effect and productivity growth rates across countries. Our approach seems a convincing alternative to the panel regression approach where random effects can be estimated, imposing an assumption about the constancy of structural parameters within the group of countries under analysis.We discuss the role of the global financial crisis in the heterogeneity of convergence processes and productivity at the country level. The aforementioned SURE model was estimated based on two datasets, one containing observations prior to the crisis and the second containing the whole sample.

show abstract

“…Just to name the most important, we can refer the reader to Matkowski, Prochniak (2004, Prochniak (2006), Arbia et al (2008), Young et al (2008), Rapacki, Prochniak (2009), Vojinovic et al (2010), Szeles (2011), Oplotnik et al (2011), or Libman, Vinokurov (2012.…”

Section: Introductionmentioning

confidence: 99%

Evidence for Economic Convergence in the Eu: The Analysis of Past Eu Enlargements

Strielkowski

Höschle

2015

Technological and Economic Development of Economy

View full text Add to dashboard Cite

Abstract. This paper discusses the evidence of economic convergence in the European Union during the past several decades and consecutive EU enlargements. We cluster different member states of the European Union by groups representing countries that joined the EU together and analyze whether these clusters converge against each other. In addition, we analyse whether there is a convergence within different groups of countries. We employ real GDP per capita in its seasonally adjusted version as the measure of convergence. Our results reveal that there is not much evidence about the existence of economic convergence within the European Union.

show abstract

Real beta and sigma convergence in 27 transition countries, 1990–2005

Cited by 55 publications

References 4 publications

Human capital, knowledge creation, knowledge diffusion, institutions and economic incentives: South Korea versus Africa

Human capital, knowledge creation, knowledge diffusion, institutions and economic incentives: South Korea versus Africa

The heterogeneity of convergence in transition countries

Evidence for Economic Convergence in the Eu: The Analysis of Past Eu Enlargements

Contact Info

Product

Resources

About