A proposal to empirically evaluate the sensitivity of the speed of convergence in the EU

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dc.contributor.author Lucas Santos, Sonia de
dc.contributor.author Álvarez Ayuso, Inmaculada
dc.contributor.author Delgado Rodríguez, María Jesús
dc.contributor.other UAM. Departamento de Economía Aplicada es_ES
dc.date.accessioned 2015-11-03T18:14:07Z
dc.date.available 2015-11-03T18:14:07Z
dc.date.issued 2009
dc.identifier.issn 1578-0252
dc.identifier.uri http://hdl.handle.net/10486/668728 en
dc.description.abstract This article presents an innovative methodology to empirically evaluate the response of the rate of convergence in the neoclassical growth model to changes in the conditional factors. We apply this method to test the sensitivity of the speed of convergence in the EU-15 during the period 1980-2002 to increases in human and public capital. The analysis proposes two scenarios of convergence: the first one will make it possible to estimate the effect on the speed of convergence arising from changes in the instruments in the EU as a whole; and a second scenario where the effect on the speed of convergence resulting from changes in each one of the countries is considered separately. In this way an attempt will be made to identify not only the potential of various public policies to influence European convergence, but also the role they may play in each country toward achieving convergence in the EU. en_US
dc.format.extent 32 pag.
dc.format.mimetype application/pdf en
dc.language.iso eng
dc.publisher Instituto de Estudios Fiscales es_ES
dc.relation.ispartofseries Instituto de Estudios Fiscales. 15/09 es_ES
dc.subject.other Speed of convergence en_US
dc.subject.other Growth model en_US
dc.subject.other Public policies en_US
dc.title A proposal to empirically evaluate the sensitivity of the speed of convergence in the EU en_US
dc.type workingPaper en_US
dc.subject.eciencia Economía es_ES
dc.rights.accessRights openAccess en_US
dc.authorUAM Lucas Santos, Sonia De (260990)


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