CONVERGENCE AND GROWTH RATE (Konvergencia es novekedesi utem)

• Authors: Dedak Istvan , Dombi Akos
• Languages of publication: HU

Abstracts

EN

The study examines empirically the assumed process of convergence by the Central-East European (CEE) countries according to the expanded Solow model of human resources. The authors estimate the speed of convergence derived from capital accumulation for nine CEE countries in 1997-2006, based on several samples and model variations. Economic convergence of the post-socialist countries begins with a far from stationary level of income, which raises several problems with the methodology employed traditionally in mainstream literature. So the first half of the study examines also from a theoretical angle the subject of the speed of convergence, with special attention to actual growth rates.

Keywords

EN

AGGREGATE PRODUCTIVITY; CROSS-COUNTRY OUTPUT CONVERGENCE; ECONOMIC GROWTH MEASUREMENT; GENERAL AGGREGATIVE MODELS; RESEARCH AND DEVELOPMENT; TECHNOLOGICAL CHANGE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2009
• Volume: 56
• Issue: 1
• Pages: 19-45
• Document type: ARTICLE

Contributors

author

Dedak Istvan

author

Dombi Akos

• Istvan Dedak, no address given, contact the journal editor

Identifiers

CEJSH db identifier

10HUAAAA078718