Autor(es):
Veiga, Francisco José 
Data: 2000
Identificador Persistente: http://hdl.handle.net/1822/1449
Origem: RepositóriUM - Universidade do Minho
Assunto(s): Real convergence; European Union; Countries and regions
Detalhes do Documento
Real convergence in the European Union
Descrição
This essay deals with real convergence in the European Union (EU). Real convergence is here defined as convergence of GDP per capita in Purchasing Power Standard. I examine whether there is empirical evidence of real convergence among EU countries or regions and if the current effort towards nominal convergence has slowed real convergence. The main findings are that there has been some real convergence at the country level, mainly before the mid- 1970s, but not much evidence of real convergence is found at the regional level. I also find that the convergence criteria set in the Treaty of Maastricht may have slowed real convergence in the European Union.
This essay deals with real convergence in the European Union (EU). Real convergence is here defined as convergence of GDP per capita in Purchasing Power Standard. I examine whether there is empirical evidence of real convergence among EU countries or regions and if the current effort towards nominal convergence has slowed real convergence. The main findings are that there has been some real convergence at the country level, mainly before the mid- 1970s, but not much evidence of real convergence is found at the regional level. I also find that the convergence criteria set in the Treaty of Maastricht may have slowed real convergence in the European Union.
Tipo de Documento
Research paper
Idioma Inglês
Idioma Inglês
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