Nominal Convergence in the European Union

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F15%3A00002957" target="_blank" >RIV/46747885:24310/15:00002957 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.lef-tul.cz/sekce/LEF_2015.pdf" target="_blank" >http://www.lef-tul.cz/sekce/LEF_2015.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Nominal Convergence in the European Union

Popis výsledku v původním jazyce

The paper deals with the process of economic convergence in the European Union. Depending on researched indicators, convergence is divided into nominal and real convergence. The aim of this paper is to analyze the nominal convergence in the European Union through the most used indicator that is comparative price level. Nominal convergence is connected with real convergence and both processes, changes in economic level and price level, occur simultaneously. By using simple regression analysis (linear model), the relationship between real and nominal convergence, was tested. Results showed that the correlation between researched indicators, i.e. gross domestic product per capita in PPS and comparative price level, is very tight. Countries with low economic level have low price level and on the contrary, countries with high economic level have high price level. The price level of the Czech Republic is, in comparison to the price level of the European Union, lower than would be appropriate

Název v anglickém jazyce

Nominal Convergence in the European Union

Popis výsledku anglicky

The paper deals with the process of economic convergence in the European Union. Depending on researched indicators, convergence is divided into nominal and real convergence. The aim of this paper is to analyze the nominal convergence in the European Union through the most used indicator that is comparative price level. Nominal convergence is connected with real convergence and both processes, changes in economic level and price level, occur simultaneously. By using simple regression analysis (linear model), the relationship between real and nominal convergence, was tested. Results showed that the correlation between researched indicators, i.e. gross domestic product per capita in PPS and comparative price level, is very tight. Countries with low economic level have low price level and on the contrary, countries with high economic level have high price level. The price level of the Czech Republic is, in comparison to the price level of the European Union, lower than would be appropriate

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 12 th International Conference Liberec Economic Forum 2015

ISBN

978-80-7494-225-9

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

29-35

Název nakladatele

Technical university of Liberec

Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

1. 1. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000365053000003