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2005-03-04Buch DOI: 10.18452/3880
Are Eastern European Countries Catching Up?
dc.contributor.authorBrüggemann, Ralf
dc.contributor.authorTrenkler, Carsten
dc.date.accessioned2017-06-15T22:52:40Z
dc.date.available2017-06-15T22:52:40Z
dc.date.created2005-08-31
dc.date.issued2005-03-04
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4532
dc.description.abstractThe catching up process in Czech Republic, Hungary, and Poland is analyzed by investigating the integration properties of log-differences in per-capita GDP versus the EU15 and a Mediterranean country group. We account for structural changes by using unit root tests that allow for two endogenous breaks in the level and the trend. We find that Czech Republic and Hungary are stochastically converging towards the Mediterranean group, while only Czech Republic is stochastically converging towards EU15. Remaining per capita GDP differences are only reduced by deterministic trends. Extrapolating these trends we find that catching up will take about 20 years. Keywords: Stochastic convergence, Catching up, Unit root tests, EU accession JEL classification: C32, E24eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjectStochastic convergenceeng
dc.subjectCatching upeng
dc.subjectUnit root testseng
dc.subjectEU accessioneng
dc.subject.ddc330 Wirtschaft
dc.titleAre Eastern European Countries Catching Up?
dc.typebook
dc.subtitleTime Series Evidence for Czech Republic, Hungary, and Poland
dc.identifier.urnurn:nbn:de:kobv:11-10045348
dc.identifier.doihttp://dx.doi.org/10.18452/3880
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages9
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2005
local.edoc.container-issue14
local.edoc.container-year2005
local.edoc.container-erstkatid2195055-6

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