MEASURING OF THE REA L CONVERGENCE IN THE EUROPEAN UNION : PRE - CRISIS EVIDENCE

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86099902" target="_blank" >RIV/61989100:27510/16:86099902 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

MEASURING OF THE REA L CONVERGENCE IN THE EUROPEAN UNION : PRE - CRISIS EVIDENCE

Popis výsledku v původním jazyce

The paper deals with an application of econometric techniques for modelling of real convergence. Economic convergence in general is understood as a process of decreasing of differences in the economic level and efficiency of individual countries, and therefore it serves as a starting point of the international comparison and important part of macroeconomic analyses as well. When the Czech Republic joined the EU in 2004, agreed to take steps to become a member of a higher degree of integration as soon as possible. For this purpose, to determine whether the EU member states are ready to join the Eurozone, nominal convergence criteria were defined, but they are not primarily used to determine the real convergence. The main goal of this paper is to evaluate the hypothesis that the economic level of the Czech Republic and the Eurozone states converged in the pre-crisis period 1995-2009 to the average economic level of the Eurozone. The theoretical part of the paper is devoted to the methodological bases of the economic convergence. The empirical part is aimed at econometric modelling of real convergence of economic level in selected economies. The final part of the paper summarizes main findings of the paper that confirmed the real convergence process within the Czech Republic and Eurozone countries before economic crisis in period 1995-2009.

Název v anglickém jazyce

MEASURING OF THE REA L CONVERGENCE IN THE EUROPEAN UNION : PRE - CRISIS EVIDENCE

Popis výsledku anglicky

The paper deals with an application of econometric techniques for modelling of real convergence. Economic convergence in general is understood as a process of decreasing of differences in the economic level and efficiency of individual countries, and therefore it serves as a starting point of the international comparison and important part of macroeconomic analyses as well. When the Czech Republic joined the EU in 2004, agreed to take steps to become a member of a higher degree of integration as soon as possible. For this purpose, to determine whether the EU member states are ready to join the Eurozone, nominal convergence criteria were defined, but they are not primarily used to determine the real convergence. The main goal of this paper is to evaluate the hypothesis that the economic level of the Czech Republic and the Eurozone states converged in the pre-crisis period 1995-2009 to the average economic level of the Eurozone. The theoretical part of the paper is devoted to the methodological bases of the economic convergence. The empirical part is aimed at econometric modelling of real convergence of economic level in selected economies. The final part of the paper summarizes main findings of the paper that confirmed the real convergence process within the Czech Republic and Eurozone countries before economic crisis in period 1995-2009.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Výzkumný tým pro modelování ekonomických a finančních procesů na VŠB-TU Ostrava</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of 14th International Scientific Conference Economic Policy in the European Union Member Countries: September 14-16, 2016, Petrovice u Karviné, Czech Republic. Part 1

ISBN

978-80-7510-210-2

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

12

Strana od-do

120-131

Název nakladatele

Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

Místo vydání

Karviná

Místo konání akce

Petrovice u Karviné

Datum konání akce

14. 9. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000403638200013