Economic convergence of the post-Soviet countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F17%3A76167" target="_blank" >RIV/60460709:41110/17:76167 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

čeština

Original language name

Economic convergence of the post-Soviet countries

Original language description

The purpose of this paper is to analyse economic convergence of GDP per capita in the post-Soviet countries (except the Baltic States). The analysis has been conducted for the time period between 1995 and 2016 also divided into sub periods.These were selected not only according to the global economic situation but also Russian economic situation. Two types of convergence are calculated: beta that is based on the neoclassical growth theory, and sigma convergence. Panel data were used to estimate the parameters of the model. The method used was LS. All parameters are statistically significant. It can be stated that both sigma and beta convergence have occurred over the monitored period. However, the same is not true for different sub periods. Beta convergence that is a necessary condition for the existence of sigma convergence did not occur during the period 2000 2006 or 2006 2009. Due to this fact, economic convergence between the monitored countries for the given period of time cannot be

Czech name

Economic convergence of the post-Soviet countries

Czech description

The purpose of this paper is to analyse economic convergence of GDP per capita in the post-Soviet countries (except the Baltic States). The analysis has been conducted for the time period between 1995 and 2016 also divided into sub periods.These were selected not only according to the global economic situation but also Russian economic situation. Two types of convergence are calculated: beta that is based on the neoclassical growth theory, and sigma convergence. Panel data were used to estimate the parameters of the model. The method used was LS. All parameters are statistically significant. It can be stated that both sigma and beta convergence have occurred over the monitored period. However, the same is not true for different sub periods. Beta convergence that is a necessary condition for the existence of sigma convergence did not occur during the period 2000 2006 or 2006 2009. Due to this fact, economic convergence between the monitored countries for the given period of time cannot be

Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

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

Article name in the collection

ENTERPRISE AND COMPETITIVE ENVIRONMENT Conference Proceedings

ISBN

978-80-7509-499-5

ISSN

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e-ISSN

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Number of pages

9

Pages from-to

97-105

Publisher name

Mendel University in Brno

Place of publication

Brno

Event location

Brno

Event date

Mar 9, 2017

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000427306200011