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2009•Annals - Economy SeriesOpen access

Economic Growth and Convergence in the European Union

Péter Halmai, Viktória Vásáry

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Abstract

In the convergence programme approved by the Hungarian government in September 2006, the overriding objective was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results of econometric reviews designed to explore medium and long-term potential growth and the factors that influence it.

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What this paper is about

In the convergence programme approved by the Hungarian government in September 2006, the overriding objective was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results of econometric reviews designed to explore medium and long-term potential growth and the factors that influence it.

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Available abstract

In the convergence programme approved by the Hungarian government in September 2006, the overriding objective was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results of econometric reviews designed to explore medium and long-term potential growth and the factors that influence it.

Key concepts: Convergence (economics), European union, Economics, Government (linguistics), Econometric model, Macroeconomics, International economics, Econometrics

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