Testing Pair-Wise Convergence of Western Balkan and European union Countries
Enton Duro,
Ergita Kokaveshi,
Klodian Muço
Abstract:The present research performs the GDP per capita convergence analyses of Western Balkan (WB) countries to European Union (EU) countries. There are few testing convergence methods based on theoretical insights on the neoclassical model, however pairwise convergence method doesn’t seem usually applied in the case of WB and EU countries. The test of convergence hypothesis in this research is based on the GDP per capita’s data, constant 2017 international $ in PPP terms, made available by the World Bank. The pai… Show more
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