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- W3148972985 abstract "Integration into the European Monetary Union (EMU) and adoption of Euro became a specific objective for Eastern European Countries after their accession into the European Union. This objective implies specific nominal and real economic convergence for these countries within a given period of time (Copenhagen criteria). Nominal convergence measurement is based on well-defined system of economic indicators (Maastricht and Amsterdam criteria). Real convergence refers to real economic performance of a country and it is commonly associated with GDP growth rate and productivity level. From a broader perspective, real and nominal convergence could be seen as complementary. Tensions between real and nominal convergence are tested through Balassa – Samuelson Effect. In this paper it is analyzed the evolution of nominal and real convergence based on a proposed set of indicators and it is estimated Balassa-Samuelson Effect on non-Euro countries." @default.
- W3148972985 created "2021-04-13" @default.
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- W3148972985 date "2010-03-15" @default.
- W3148972985 modified "2023-09-27" @default.
- W3148972985 title "An empirical estimation of Balassa – Samuelson Effect in case of Eastern European Countries" @default.
- W3148972985 hasPublicationYear "2010" @default.
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