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Convergence Process in the European Region - Cluster Analysis

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A64938" target="_blank" >RIV/60460709:41110/14:64938 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    čeština

  • Original language name

    Convergence Process in the European Region - Cluster Analysis

  • Original language description

    The paper analyzes the development of economic convergence in Europe during the 2002-2012 period. Eleven cluster analyses (one analysis for each year of the period) are applied to twenty-five advanced economies (OECD members) and six criteria, such as labor force migration, openness of economies and so on. Data for the convergence criteria for individual countries are obtained from the Eurostat, OECD, and IMF databases. The paper is bound in this respect to theoretical assumptions concerning the criteria which determine the so-called optimum currency area. Convergence trend is analyzed due to different distances among defined clusters. According to results of the cluster analyses, there is no permanent significant convergence trend in Europe.

  • Czech name

    Convergence Process in the European Region - Cluster Analysis

  • Czech description

    The paper analyzes the development of economic convergence in Europe during the 2002-2012 period. Eleven cluster analyses (one analysis for each year of the period) are applied to twenty-five advanced economies (OECD members) and six criteria, such as labor force migration, openness of economies and so on. Data for the convergence criteria for individual countries are obtained from the Eurostat, OECD, and IMF databases. The paper is bound in this respect to theoretical assumptions concerning the criteria which determine the so-called optimum currency area. Convergence trend is analyzed due to different distances among defined clusters. According to results of the cluster analyses, there is no permanent significant convergence trend in Europe.

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    International Advances in Economic Research

  • ISSN

    1083-0898

  • e-ISSN

  • Volume of the periodical

    20

  • Issue of the periodical within the volume

    4

  • Country of publishing house

    NL - THE KINGDOM OF THE NETHERLANDS

  • Number of pages

    2

  • Pages from-to

    459-460

  • UT code for WoS article

  • EID of the result in the Scopus database