Homogeneity of economic performance in the euro area

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F15%3A43907862" target="_blank" >RIV/62156489:43110/15:43907862 - isvavai.cz</a>

Výsledek na webu

<a href="https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf" target="_blank" >https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Homogeneity of economic performance in the euro area

Popis výsledku v původním jazyce

In order to test for the homogeneity/heterogeneity hypothesis of monetary integration this paper examines the economic performance of the individual euro area countries on the basis of dynamic cluster analysis using indicators of macroeconomic balance and competitiveness over the period 1999-2013. The results show that the heterogeneity of economic performance of the euro area countries has risen over time, therefore it seems, that the euro introduction per se is not a sufficient condition for promotinghigher homogeneity among the euro area countries. Further, two distinct clusters of countries have emerged among the euro area countries over time: core and periphery. Members of the core are Germany, France, Italy, Austria, Finland, Netherlands, Belgium and Luxembourg, whereas the periphery consists from Greece, Portugal, Spain and Ireland. While looking at the homogeneity/heterogeneity of the core, no evidence for increasing heterogeneity among the core countries has been found, thus

Název v anglickém jazyce

Homogeneity of economic performance in the euro area

Popis výsledku anglicky

In order to test for the homogeneity/heterogeneity hypothesis of monetary integration this paper examines the economic performance of the individual euro area countries on the basis of dynamic cluster analysis using indicators of macroeconomic balance and competitiveness over the period 1999-2013. The results show that the heterogeneity of economic performance of the euro area countries has risen over time, therefore it seems, that the euro introduction per se is not a sufficient condition for promotinghigher homogeneity among the euro area countries. Further, two distinct clusters of countries have emerged among the euro area countries over time: core and periphery. Members of the core are Germany, France, Italy, Austria, Finland, Netherlands, Belgium and Luxembourg, whereas the periphery consists from Greece, Portugal, Spain and Ireland. While looking at the homogeneity/heterogeneity of the core, no evidence for increasing heterogeneity among the core countries has been found, thus

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

Enterprise and Competitive Environment: Conference Proceedings

ISBN

978-80-7509-342-4

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

696-705

Název nakladatele

Mendelova univerzita v Brně

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

5. 3. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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