Institutional and Socio-Economic Convergence in the European Union

Th objective of this paper is to analyze convergence in institutional, social, and macroeconomic conditions between EU member states. Our analysis covers the period 1995-2013 and considers the potential impact of the Great Recession. With this aim, we use a composite indicator that combines informat...

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Detalles Bibliográficos
Autores: López-Tamayo, Jordi, Ramos Lobo, Raúl, Suriñach Caralt, Jordi
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/141440
Acceso en línea:https://hdl.handle.net/2445/141440
Access Level:acceso abierto
Palabra clave:Països de la Unió Europea
Convergència (Economia)
Indicadors socials
European Union countries
Convergence (Economics)
Social indicators
Descripción
Sumario:Th objective of this paper is to analyze convergence in institutional, social, and macroeconomic conditions between EU member states. Our analysis covers the period 1995-2013 and considers the potential impact of the Great Recession. With this aim, we use a composite indicator that combines information from 51 hard and soft indicators, and we estimate convergence equations for the composite indicator and its seven dimensions considering diffrent country groups. The obtained results show evidence of conditional convergence among EU member states but limited evidence of unconditional convergence over the considered period.