Title:

Phenomenon of Convergence in the Analysis of Economic Growth

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Zjawisko konwergencji w analizie wzrostu gospodarczego

Creator:

Dokurno, Zbigniew

Subject and Keywords:

convergence ; σ-convergence ; absolute convergence ; β-convergence ; γ-convergence ; convergence clubs ; economic growth ; stochastic convergence ; technological convergence

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136, s. 11-20

Abstrakt:

The analysis of issues of economic growth leads to the question about the abilities of an economy to adapt its development to the level of development of other economies. Formulated answers to the problem are provided by the analysis of the phenomenon of economic convergence. This approach examines both the causes and determinants of differences in the growth. This leads to the formulation of various measures of the same phenomenon, which takes the form of certain types of convergence. The article presents the essence and the conditions of economic convergence phenomenon and makes a synthesis of its measurement. The conducted considerations lead to the conclusion that within a given economy there should be found such a growth path which would be appropriate for it and which may coincide with the growth paths of economies having similar conditions.

Publisher:

Publishing House of Wrocław University of Economics

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136 ; Ekonomia, vol. 9 ; Macroeconomics

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu