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Title Theoretic concept of economic and ecological convergence
Authors Kubatko, Oleksandr Vasylovych
Kubatko, Oleksandra Viktorivna
Keywords економічна конвергенція
экономическая конвергенция
economic convergence
Type Conference Papers
Date of Issue 2015
URI http://essuir.sumdu.edu.ua/handle/123456789/40742
Publisher Sumy State University
License
Citation Kubatko, O. Theoretic concept of economic and eco-logical convergence [Текст] / O. Kubatko, O. Kubatko // Economics for Ecology ISCS'2015 : матеріали XXI Міжнародної наукової конференції, м. Суми, 6-7 травня 2015 р. / Редкол.: Д.О. Смоленніков, А.А. Іскаков. - Суми : СумДУ, 2015. - P. 51-53.
Abstract The issue on whether or not poor regions tend to catch-up richer ones plays a significant role in regional growth theory. The empirical growth models were relying more on available data such as real per capita income, savings and investment, government expenditures, exports, labor force and its structure by industries, education variables like school enrollment, etc. The concept of economic convergence according to Matkoski and Prochanik (2004) should be address in two aspects. First, a tendency towards leveling (equalization) per capita incomes and growth rates among counties (regions). Second, tendency toward economic cycle convergence (that is ups and downs of economic cycles ideally should conform). Both convergence concepts are independent and tested separately. In ourresearch we address only first part of the issue, for it is assumed that within boundaries of one country economic cycles should coincide due the equality of macroeconomic conditions.
Appears in Collections: Наукові видання (ННІ ФЕМ)

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