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Found 2 essays matching the above criteria.

1. 1. Labor Productivity Convergence Dynamics within the Euro Zone: A Theoretical and Empirical Examination

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Veli Yumuk; [2011]
   Keywords : Productivity Convergence; Neo-Classical Growth Theory; Economic Integration; Business and Economics;

   Abstract : Twelve years ago, eleven European countries voluntarily abandoned their home currencies and joined the Euro. The founding fathers of the Euro believed that creation of the common currency would strengthen integration among the members and catalyze economic convergence progress within the common currency area. READ MORE

3. 2. Productivity Growth Rates in Europe and the USA: A Tale of Convergence in the 21st Century

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Veli Yumuk; [2010]
   Keywords : Convergence; Total Factor Productivity; Institutions; neo-Schumpeterian Growth Model; Engle-Granger Co-integration; unit root; Business and Economics;

   Abstract : In mid 90’s, productivity growth rate started to accelerate in the USA. The sources of this resurgence were the IT-producing industry and the IT-using market services. Meanwhile, Europe was still suffering from the low level of productivity growth rates. This fact leads to pessimistic assessments about the economic future of Europe. READ MORE