Real Wage Convergence in Romania: Empirical Evidence Based on Club Converging
The study aims to explore the real wage convergence across the 42 Romanian counties from 1991 to 2016 by using the convergence algorithm developed by Phillips and Sul (2007). The process of divergence is identified in the period of 1991-2016 as well as a number of 4 convergence subgroups (clusters)....
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| Format: | Article |
| Language: | English |
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Sciendo
2020-09-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
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| Online Access: | https://doi.org/10.2478/sues-2020-0020 |