Eleni F. Katsouli, Nikos Kapoulas
Convergence across the PIIGS member-states of the Euro-zone
Journal of European Economy, Volume 11, Issue 4, December 2012, pp. 425-436.
JEL: O40, O47 | Full text (PDF) |
Eleni F. Katsouli, Nikos Kapoulas
Convergence across the PIIGS member-states of the Euro-zone
Journal of European Economy, Volume 11, Issue 4, December 2012, pp. 425-436.
JEL: O40, O47 | Full text (PDF) |
This paper investigates unconditional and conditional convergence of GDP growth rate, labour productivity growth rate, unemployment rate, prices inflation rate, wages inflation rate, budget deficit, and government gross debt across the Euro-zone member-states of Portugal, Ireland, Italy, Greece, and Spain over the last thirty years. The findings showed that the speed of convergence varies depending on the period of reference (pre-Maastricht Treaty decade, after-Maastricht Treaty decade, and after the initiation of the Euro-zone decade). Budget deficit and general government gross debt showed some convergence in the pre-Maastricht Treaty decade only.
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Maria Lyzun
Economic growth models of the world and the Ukrainian economy
Journal of European Economy, Volume 5, Issue 2, June 2006, pp. 147-155
JEL: A10, O40 | Full text (PDF) |
The paper considers economic growth models and determines the features of their application. The author analyzes the transformation changes in the Ukrainian economy and the choice of economic growth model for Ukraine, as well as formulates basic pre-conditions and principles of the model of leading economic growth. Key words: Economic growth models, transformation, economic policy, « growth points» , leading economic growth, hi-tech production, global economy, scientific and technological advance. |
Olena Raykovska
A theoretical model of investment regulation in the Ukraine's agrarian sector
Journal of European Economy, Volume 5, Issue 2, June 2006, pp. 156-165
JEL: A10, O40 | Full text (PDF) |
From the theoretical-methodological perspective, the article features the major components of stabilization of the investment environment: investment project; national, regional and corporate investment strategy; investment market and investment climate. On the basis of the systemic approach, the author has developed an investment model of economic growth in the Ukraine’s agrarian sector. Key words: Investment project, investment strategy of the state, region, enterprise, investment market, investment climate, capital investments, model of economic growth of the agrarian sector of economy of Ukraine. |
Athanassios Papadaskalopoulos, George M. Korres, George Polychronopoulos
Review on theory and evidence of poverty, growth and inequality
Journal of European Economy, Volume 2, Issue 1, March 2003, pp. 85-114
JEL: D31, O10, O40 | Full text (PDF) |
How is inequality generated and how it reproduces over time? This has been a major concern of sociology scientists for more than a century. The changes in aggregate or average income is a good measure for economic growth but is far from being the only one. There is an increasing «inequality» throughout the world. Over the period 1960–2000, averaged per-capita income in the richest 5% of the world’s nations was about twenty-nine times the corresponding figure for the poorest 5%. Poverty also affects other forms of economic and social functioning. The measurement of poverty is based on the notion of poverty line which is constructed from monetary estimates of minimum needs. Poverty is highly correlated with the lack of education, and there is close connection between nutrition and poverty. The measurement of inequality is highly controversial. It is a field in which social judgments are highly diverse and translate themselves into differences in social judgments, such as the measure of inequality or the choice of equivalence scale. Social and economic indicators demonstrate the data for the population-based measures of economic, social and health outcomes and answer the question about inequality and wellbeing. This article is an attempt to examine the relationship between inequality and the process of socio-economic development, to overview the theories of income inequality, to measure the income distribution, and moreover, to investigate the role and the effects on socio-economic growth. Key words: Absolute poverty, added value, average income, basic needs, Colder’s hypothesis, consumer demand, convergence, earnings, education, endogenesis theory, equality, final poverty line, Gini coefficient, human development, human poverty index, hygiene, income, income distribution, income measurement, inequality, knowledge, level of life, life expectancy, Lorenz curve, medical service, modern technologies, nutrition, nutrition poverty, poverty increase, poverty line, relative poverty, savings, Sollou model, transfers, U-curve, wealth. |