欧元区的真正融合:幻影还是现实?

IF 4.4 1区 管理学 Q2 BUSINESS
Dumitru Miron, Ana-Maria Holobiuc, Radu Cezar Cojocariu, A. Budacia
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引用次数: 2

摘要

本文的目的是通过绝对和条件的β-和σ-收敛来研究2000年至2019年间欧盟和欧元区的收敛模式,考虑凝聚力与竞争力不是相反而是互补的。通过估计横截面回归,我们发现有证据支持欧元区(19)和欧盟的绝对β-收敛,表明最初较贫穷的成员国的人均GDP增长率高于发达经济体。2000年至2019年间,欧盟的平均追赶速度为2.5%,而欧元区(19)为2.3%。根据面板数据和看似无关的回归,我们已经表明,通过促进投资、贸易开放、高水平的劳动生产率,教育和公民在社会中的影响对2000年至2019年间的人均GDP增长率产生了积极影响。最后,基于标准差对σ-收敛性的估计使我们得出结论,2000年至2019年间,欧盟和欧元区的收入差距缩小了(19),相比之下,欧元的早期采用者呈上升趋势。本文的原始要素来源于对欧元区和欧盟趋同的比较分析,以及从竞争力相关变量的角度对经济增长过程的研究。在这方面,该研究强调了人力资本在社区一级创造繁荣收益方面的作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Real Convergence in the Euro Area: Mirage or Reality?
The aim of this paper is to study the convergence patterns in the European Union and the Euro Area between 2000 and 2019 by means of the absolute and conditional β- and σ-convergence, considering cohesion not opposite but complementary to competitiveness. By estimating cross-sectional regressions, we have found evidence favouring the absolute β-convergence for the Eurozone (19) and the European Union, illustrating that the initially poorer members experienced higher GDP per capita growth rates than the developed economies. The average catching-up speed recorded between 2000 and 2019 in the European Union was 2.5%, while in the Eurozone (19), it was 2.3%. Based on panel data and seemingly unrelated regressions, we have illustrated that improvement in the competitiveness of Member States by promoting investment, trade openness, high levels of labour productivity, education and the implication of citizens in society positively influenced the GDP per capita growth rates between 2000 and 2019. Finally, the estimation of σ-convergence based on the standard deviation led us to conclude that income gaps narrowed across the European Union and the Eurozone (19) between 2000 and 2019, having, in contrast, an upward trend among the early adopters of the euro. The original elements of the paper derive from the comparative analysis of convergence in the Euro Area and the European Union and the study of the economic growth process from the perspective of competitiveness-related variables. In this respect, the study emphasizes the role of human capital in generating prosperity gains at the Community level.
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来源期刊
CiteScore
11.30
自引率
2.70%
发文量
33
审稿时长
12 weeks
期刊介绍: The Journal of Competitiveness, a scientific periodical published by the Faculty of Management and Economics of Tomas Bata University in Zlín in collaboration with publishing partners, presents the findings of basic and applied economic research conducted by both domestic and international scholars in the English language. Focusing on economics, finance, and management, the Journal of Competitiveness is dedicated to publishing original scientific articles. Published four times a year in both print and electronic formats, the journal follows a rigorous peer-review process with each contribution reviewed by two independent reviewers. Only scientific articles are considered for publication, while other types of papers such as informative articles, editorial materials, corrections, abstracts, or résumés are not included.
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