Income convergence and economic integration: Evidence from European Union
Income convergence is a subject of debate since the formulation of the Robert Solow'sneoclassical growth model and it represents a situation when poor countries have faster growth than rich countries. The main cause of income convergence lies in the diminishing returns of production factors, es...
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| Format: | Article |
| Language: | English |
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University Dzon Nezbit
2015-01-01
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| Series: | Megatrend Revija |
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| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2015/1820-31591503127M.pdf |