Оценка на структурна конвергенция на производството на страните от ЦИЕ спрямо Еврозоната
Assessment of Structural Convergence of Production in CEE Countries Towards the Euro Area

Author(s): Silvia Gospodinova
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Governance, Economic policy, EU-Approach / EU-Accession / EU-Development, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: convergence rate; beta convergence; fixed effects models; panel modeling
Summary/Abstract: The aim of the report is to assess the degree of convergence between the CEE countries and the Eurozone in terms of their production structure for the period 2000 – 2022 using statisticaleconometric methods. This was achieved after the following tasks were solved: the process of convergence through the beta convergence approach was studied, the speed of convergence of the GDP production structure was measured, as well as the time needed to reach convergence with the Eurozone of the studied countries. In this way, an adequate assessment of the degree of convergence of the CEE countries with the Eurozone is achieved. As a result of the study, the presence of convergent trends for some countries and sectors, as well as the absence of such trends for others, is identified.

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