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Absolute Convergence: the Main Challenge in the Enlarged European Union

Author

Listed:
  • Bucur Iulia Andreea

    („Vasile Alecsandri” University of Bacau, Faculty of Economics)

  • Mircea Mirela Cristina

    („Vasile Alecsandri” University of Bacau, Faculty of Economics)

Abstract

Regional economic convergence issue has been and continues to be intensively treated and debated topic in the economic literature, not being able to accurately assess whether the process of regional economic growth is a convergent or divergent one. Multitude of studies and research in this area indicate the relevant subject matter and also the difficulties of analyzing the regional convergence and divergence processes and theoretical limits of the substantiation of European Union cohesion policy.

Suggested Citation

  • Bucur Iulia Andreea & Mircea Mirela Cristina, 2011. "Absolute Convergence: the Main Challenge in the Enlarged European Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 285-290, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:285-290
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    More about this item

    Keywords

    European economic integration; real convergence; divergence; regional disparities;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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