Articles on Issue Theme

Marian MICU
Banca Reglementărilor Internaţionale
This paper tests for the existence of a non-linear pattern in the process of real economic convergence. It uses a sample of 88 countries for the period 1980-1999. The study shows significant non linear evolutions in the real convergence. Moreover, it indicates a changing importance of the determinants of convergence, depending upon a country’s stage of development. The leading factor, which may help fostering economic convergence, appears to be the quality of human capital. The results of the study may me used to draw some conclusions about Romania’s stage of development and the policies required to ensure a sustainable economic growth.
Keywords: economic convergence, education, human capital , non-linear models
JEL: C12, O11, I22
Nelinearităţi în convergenţa reală
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti

Mara Andreea TUDOR
University of Chicago

Cătălin MURARAŞU
Academia de Studii Economice din Bucureşti

Ramona Iulia DIEACONESCU
Academia de Studii Economice din Bucureşti

Maria GHEORGHE (NIŢU)
Academia de Studii Economice din Bucureşti

Sorin-Nicolae CURCĂ
Academia Română

Revista ŒCONOMICA

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