Convergencia económica de los Balcanes Occidentales hacia la UE-15.

El objetivo de este estudio es analizar la convergencia beta de los países de los Balcanes Occidentales hacia los Estados miembros de la UE-15 en el periodo 2004-2016 y dos subperiodos: 2004-2008 y 2009-2013. La convergencia beta se basa en la teoría del crecimiento neoclásico y pone a prueba la hip...

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Autores:
Nagy, Sándor Gyula
Siljak, Dzenita
Tipo de recurso:
Article of investigation
Fecha de publicación:
2019
Institución:
Universidad Católica de Colombia
Repositorio:
RIUCaC - Repositorio U. Católica
Idioma:
eng
OAI Identifier:
oai:repository.ucatolica.edu.co:10983/29409
Acceso en línea:
https://hdl.handle.net/10983/29409
https://doi.org/10.14718/revfinanzpolitecon.2019.11.1.3
Palabra clave:
Western balkans
European union
Economic growth
Old member states
Beta convergence
Convergencia beta
Balcanes occidentales
Unión europea
Crecimiento económico
Antiguos estados miembros
Convergência beta
Bálcãs ocidentais
União europeia
Crescimento econômico
Antigos estados-menbros
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openAccess
License
Sándor Gyula Nagy, Dzenita Siljak - 2019
id UCATOLICA2_0428238b7fcfd12ec14bc5947a38f9ce
oai_identifier_str oai:repository.ucatolica.edu.co:10983/29409
network_acronym_str UCATOLICA2
network_name_str RIUCaC - Repositorio U. Católica
repository_id_str
dc.title.spa.fl_str_mv Convergencia económica de los Balcanes Occidentales hacia la UE-15.
dc.title.translated.eng.fl_str_mv Economic convergence of the Western Balkans towards the EU-15.
title Convergencia económica de los Balcanes Occidentales hacia la UE-15.
spellingShingle Convergencia económica de los Balcanes Occidentales hacia la UE-15.
Western balkans
European union
Economic growth
Old member states
Beta convergence
Convergencia beta
Balcanes occidentales
Unión europea
Crecimiento económico
Antiguos estados miembros
Convergência beta
Bálcãs ocidentais
União europeia
Crescimento econômico
Antigos estados-menbros
title_short Convergencia económica de los Balcanes Occidentales hacia la UE-15.
title_full Convergencia económica de los Balcanes Occidentales hacia la UE-15.
title_fullStr Convergencia económica de los Balcanes Occidentales hacia la UE-15.
title_full_unstemmed Convergencia económica de los Balcanes Occidentales hacia la UE-15.
title_sort Convergencia económica de los Balcanes Occidentales hacia la UE-15.
dc.creator.fl_str_mv Nagy, Sándor Gyula
Siljak, Dzenita
dc.contributor.author.spa.fl_str_mv Nagy, Sándor Gyula
Siljak, Dzenita
dc.subject.eng.fl_str_mv Western balkans
European union
Economic growth
Old member states
Beta convergence
topic Western balkans
European union
Economic growth
Old member states
Beta convergence
Convergencia beta
Balcanes occidentales
Unión europea
Crecimiento económico
Antiguos estados miembros
Convergência beta
Bálcãs ocidentais
União europeia
Crescimento econômico
Antigos estados-menbros
dc.subject.spa.fl_str_mv Convergencia beta
Balcanes occidentales
Unión europea
Crecimiento económico
Antiguos estados miembros
Convergência beta
Bálcãs ocidentais
União europeia
Crescimento econômico
Antigos estados-menbros
description El objetivo de este estudio es analizar la convergencia beta de los países de los Balcanes Occidentales hacia los Estados miembros de la UE-15 en el periodo 2004-2016 y dos subperiodos: 2004-2008 y 2009-2013. La convergencia beta se basa en la teoría del crecimiento neoclásico y pone a prueba la hipótesis de que los países pobres tienden a crecer más rápido que los países ricos, en términos per cápita. Los hallazgos empíricos apoyan la hipótesis de convergencia económica, con tasas de convergencia que van del 1.1% al 2.3%. Los resultados muestran que la reciente crisis financiera afectó negativamente el proceso de convergencia absoluta y condicional, cuando se incluyen variables económicas. La principal limitación de la investigación es la disponibilidad de datos. 
publishDate 2019
dc.date.accessioned.none.fl_str_mv 2019-01-01 00:00:00
2023-01-23T16:15:33Z
dc.date.available.none.fl_str_mv 2019-01-01 00:00:00
2023-01-23T16:15:33Z
dc.date.issued.none.fl_str_mv 2019-01-01
dc.type.spa.fl_str_mv Artículo de revista
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dc.relation.citationedition.spa.fl_str_mv Núm. 1 , Año 2019
dc.relation.citationendpage.none.fl_str_mv 53
dc.relation.citationissue.spa.fl_str_mv 1
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dc.relation.ispartofjournal.spa.fl_str_mv Revista Finanzas y Política Económica
dc.relation.references.eng.fl_str_mv Alcidi, C., Núñez Ferrer, J., Di Salvo, M., Pilati, M. & Musmeci, R. (2018). Income Convergence in the EU: A tale of two speeds. CEPS Commentary, 9 January 2018.
Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 106(2), 407-443. https://doi.org/10.2307/2937943
Barro, R. J. & Sala-i-Martin, X. (1992). Convergence. Journal of Political Economy, 100(2), 223-251. https://doi.org/10.1086/261816
Benczes, I. & Szent-Ivanyi, B. (2015). The European economy in 2014: Fragile recovery and convergen- ce. JCMS: Journal of Common Market Studies, 53, 162-180. https://doi.org/10.1111/jcms.12266
Berend, I. T. (2016). An economic history of twentieth-century Europe: Economic regimes from laissez- faire to globalization. Cambridge University Press. https://doi.org/10.1017/CBO9781316479889
Bićanić, I., Deskar-Škrbić, M. & Zrnc, J. (2016). A Narrative Explanation of Breakpoints and Convergence Patterns in Yugoslavia and its Successor States 1952-2015. The wiiw Balkan Observatory Working Papers 122.
Borys, M. M., Polgár, È. K. & Zlate, A. (2008). Real convergence and the determinants of growth in EU candidate and potential candidate countries. A panel data approach. European Central Bank.
Botrić, V. (2013). Output Convergence between Western Balkans and EU-15. Research in Economics and Business: Central and Eastern Europe, 5(1), 46-62.
Chapsa, X., Tsanana, E. & Katrakilidis, C. (2015). Growth and Convergence in the EU-15: More Evidence from the Cohesion Countries. Procedia Economics and Finance, 33, 55-63. https://doi.org/10.1016/S2212-5671(15)01693-7
Colak, O. (2015). Convergence Revisited: Case of EU and Eastern Europe. Regional Science Inquiry, 7(1), 69-81.
El Ouardighi, J. & Somun-Kapetanovic, R. (2007). Do Balkan Countries Have a European Future? An Analysis of Real Economic Convergence, 1989-2005. South East European Journal of Economics and Business, 2(2), 23-30. https://doi.org/10.2478/v10033-007-0002-4
European Commission. (2015). Economic Reform Programmes of Albania, The Former Yugoslav Republic of Macedonia, Montenegro, Serbia, Turkey, Bosnia and Herzegovina and Kosovo: The Commission’s overview and Country assessments. Publications Office of the European Union, Luxembourg.
European Commission. (2018). Convergence Report. Institutional Paper 078. Publications Office of the European Union, Luxembourg.
Eurostat. (2018). Eurostat Database, https://www.ec.europa.eu/Eurostat
Grela, M., Majchrowska, A., Michałek, T., Mućk, J., Staźka-Gawrysiak, A., Tchorek, G. & Wagner, M. (2017). Is Central and Eastern Europe converging towards the EU-15? Narodowy Bank Polski, Education & Publishing Department.
International Monetary Fund. (2018). World Economic Outlook Database, https://www.imf.org
Jelnikar, E. & Murmayer, U. (2006). Convergence in Europe. Empirical Analysis on Two Groups of Countries of the European Union. Document presented at the International Conference on Human and Economic Resources, 246-260.
Joshi, B., Atoyan, R. & Roaf, M. J. (2014). Regional Economic Issues - Special Report 25 Years of Transition: Post-Communist Europe and the IMF. International Monetary Fund.
Matkowski, Z. & Próchniak, M. (2004). Economic convergence in the EU accession countries. Composite Indicators of Business Activity for Macroeconomic Analysis (‘The RIED Papers and Proceedings’, vol. 74), SGH, Warsaw, 405-425.
Micallef, B. (2017). The process of Economic Convergence in Malta and in the European Union. Central Bank of Malta Policy Note, Central Bank of Malta, Valletta. Retrieved from: https://www.centralbankmalta.org/file.aspx?f=51536
Oblath, G., Palocz, E., Popper, D. & Valentinyi, Á. (2015). Economic convergence and structural change in the new member states of the European Union. Center for Economic and Regional Studies, Hungarian Academy of Science.
Pipień, M. & Roszkowska, S. (2018). The heterogeneity of convergence in transition countries. Post- Communist Economies, 31(1), 1-31. https://doi.org/10.1080/14631377.2018.1443245
Podkaminer, L. (2013). Development Patterns of Central and East European Countries (in the course of transition and following EU accession). Vienna Institute for International Economic Studies.
Sala-i-Martin, X. (1994). Cross-sectional regressions and the empirics of economic growth. European Economic Review, 38(3-4), 739-747. https://doi.org/10.1016/0014-2921(94)90109-0
Siljak, D. & Nagy, S. G. (2018). The effects of the crisis on the convergence process of the Western Balkan countries towards the European Union. Society and Economy, 40(1), 105-124.
Solow, R. M. (1956). A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics, 70, 65-94. https://doi.org/10.2307/1884513
Strielkowski, W. & Höschle, F. (2016). Evidence for economic convergence in the EU: The analysis of past EU enlargements. Technological and Economic Development of Economy, 22(4), 617-630. https://doi.org/10.3846/20294913.2014.890138
Tsanana, E., Katrakilidis, C. & Pantelidis, P. (2013). Balkan area and EU-15: An empirical investigation of income convergence. In Balkan and Eastern European Countries in the Midst of the Global Economic Crisis, Physica-Heidelberg, 23-33. https://doi.org/10.1007/978-3-7908-2873-3_2
Vojinović, B., Acharya, S. & Próchniak, M. (2009). Convergence analysis among the ten European tran- sition economies. Hitotsubashi Journal of Economics, 50(2), 123-141.
World Bank. (2018). World Development Indicators Database, https://www.databank.worldbank.org
Źuk, P., Polgar, E.K., Savelin, L., Diaz del Hoyo, J.L. & König, P. (2018). Real convergence in central, eastern and south-eastern Europe. ECB Economic Bulletin, Issue 3/2018
dc.rights.eng.fl_str_mv Sándor Gyula Nagy, Dzenita Siljak - 2019
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spelling Nagy, Sándor Gyula76a0f908-5ed8-496f-84bc-b083f9400e75300Siljak, Dzenita507c9f94-ee8b-4a4f-a34a-6260f18c7c643002019-01-01 00:00:002023-01-23T16:15:33Z2019-01-01 00:00:002023-01-23T16:15:33Z2019-01-01El objetivo de este estudio es analizar la convergencia beta de los países de los Balcanes Occidentales hacia los Estados miembros de la UE-15 en el periodo 2004-2016 y dos subperiodos: 2004-2008 y 2009-2013. La convergencia beta se basa en la teoría del crecimiento neoclásico y pone a prueba la hipótesis de que los países pobres tienden a crecer más rápido que los países ricos, en términos per cápita. Los hallazgos empíricos apoyan la hipótesis de convergencia económica, con tasas de convergencia que van del 1.1% al 2.3%. Los resultados muestran que la reciente crisis financiera afectó negativamente el proceso de convergencia absoluta y condicional, cuando se incluyen variables económicas. La principal limitación de la investigación es la disponibilidad de datos. This paper aims to analyze the beta convergence of Western Balkan countries towards the EU-15 Member States in the period 2004-2016, and two sub-periods: 2004-2008 and 2009-2013. Beta convergence is based on the neoclassical growth theory and tests the hypothesis that poor countries tend to grow faster than rich countries, in per capita terms. The empirical findings support the economic convergence hypothesis, with convergence rates ranging from 1.1% to 2.3%. The results show that the recent financial crisis negatively affected the absolute and conditional convergence process, when economic variables are included. The main limitation of the research is the availability of data.application/pdftext/html10.14718/revfinanzpolitecon.2019.11.1.32011-76632248-6046https://hdl.handle.net/10983/29409https://doi.org/10.14718/revfinanzpolitecon.2019.11.1.3engUniversidad Católica de Colombiahttps://revfinypolecon.ucatolica.edu.co/article/download/2873/2629https://revfinypolecon.ucatolica.edu.co/article/download/2873/2974Núm. 1 , Año 20195314111Revista Finanzas y Política EconómicaAlcidi, C., Núñez Ferrer, J., Di Salvo, M., Pilati, M. & Musmeci, R. (2018). Income Convergence in the EU: A tale of two speeds. CEPS Commentary, 9 January 2018.Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 106(2), 407-443. https://doi.org/10.2307/2937943Barro, R. J. & Sala-i-Martin, X. (1992). Convergence. Journal of Political Economy, 100(2), 223-251. https://doi.org/10.1086/261816Benczes, I. & Szent-Ivanyi, B. (2015). The European economy in 2014: Fragile recovery and convergen- ce. JCMS: Journal of Common Market Studies, 53, 162-180. https://doi.org/10.1111/jcms.12266Berend, I. T. (2016). An economic history of twentieth-century Europe: Economic regimes from laissez- faire to globalization. Cambridge University Press. https://doi.org/10.1017/CBO9781316479889Bićanić, I., Deskar-Škrbić, M. & Zrnc, J. (2016). A Narrative Explanation of Breakpoints and Convergence Patterns in Yugoslavia and its Successor States 1952-2015. The wiiw Balkan Observatory Working Papers 122.Borys, M. M., Polgár, È. K. & Zlate, A. (2008). Real convergence and the determinants of growth in EU candidate and potential candidate countries. A panel data approach. European Central Bank.Botrić, V. (2013). Output Convergence between Western Balkans and EU-15. Research in Economics and Business: Central and Eastern Europe, 5(1), 46-62.Chapsa, X., Tsanana, E. & Katrakilidis, C. (2015). Growth and Convergence in the EU-15: More Evidence from the Cohesion Countries. Procedia Economics and Finance, 33, 55-63. https://doi.org/10.1016/S2212-5671(15)01693-7Colak, O. (2015). Convergence Revisited: Case of EU and Eastern Europe. Regional Science Inquiry, 7(1), 69-81.El Ouardighi, J. & Somun-Kapetanovic, R. (2007). Do Balkan Countries Have a European Future? An Analysis of Real Economic Convergence, 1989-2005. South East European Journal of Economics and Business, 2(2), 23-30. https://doi.org/10.2478/v10033-007-0002-4European Commission. (2015). Economic Reform Programmes of Albania, The Former Yugoslav Republic of Macedonia, Montenegro, Serbia, Turkey, Bosnia and Herzegovina and Kosovo: The Commission’s overview and Country assessments. Publications Office of the European Union, Luxembourg.European Commission. (2018). Convergence Report. Institutional Paper 078. Publications Office of the European Union, Luxembourg.Eurostat. (2018). Eurostat Database, https://www.ec.europa.eu/EurostatGrela, M., Majchrowska, A., Michałek, T., Mućk, J., Staźka-Gawrysiak, A., Tchorek, G. & Wagner, M. (2017). Is Central and Eastern Europe converging towards the EU-15? Narodowy Bank Polski, Education & Publishing Department.International Monetary Fund. (2018). World Economic Outlook Database, https://www.imf.orgJelnikar, E. & Murmayer, U. (2006). Convergence in Europe. Empirical Analysis on Two Groups of Countries of the European Union. Document presented at the International Conference on Human and Economic Resources, 246-260.Joshi, B., Atoyan, R. & Roaf, M. J. (2014). Regional Economic Issues - Special Report 25 Years of Transition: Post-Communist Europe and the IMF. International Monetary Fund.Matkowski, Z. & Próchniak, M. (2004). Economic convergence in the EU accession countries. Composite Indicators of Business Activity for Macroeconomic Analysis (‘The RIED Papers and Proceedings’, vol. 74), SGH, Warsaw, 405-425.Micallef, B. (2017). The process of Economic Convergence in Malta and in the European Union. Central Bank of Malta Policy Note, Central Bank of Malta, Valletta. Retrieved from: https://www.centralbankmalta.org/file.aspx?f=51536Oblath, G., Palocz, E., Popper, D. & Valentinyi, Á. (2015). Economic convergence and structural change in the new member states of the European Union. Center for Economic and Regional Studies, Hungarian Academy of Science.Pipień, M. & Roszkowska, S. (2018). The heterogeneity of convergence in transition countries. Post- Communist Economies, 31(1), 1-31. https://doi.org/10.1080/14631377.2018.1443245Podkaminer, L. (2013). Development Patterns of Central and East European Countries (in the course of transition and following EU accession). Vienna Institute for International Economic Studies.Sala-i-Martin, X. (1994). Cross-sectional regressions and the empirics of economic growth. European Economic Review, 38(3-4), 739-747. https://doi.org/10.1016/0014-2921(94)90109-0Siljak, D. & Nagy, S. G. (2018). The effects of the crisis on the convergence process of the Western Balkan countries towards the European Union. Society and Economy, 40(1), 105-124.Solow, R. M. (1956). A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics, 70, 65-94. https://doi.org/10.2307/1884513Strielkowski, W. & Höschle, F. (2016). Evidence for economic convergence in the EU: The analysis of past EU enlargements. Technological and Economic Development of Economy, 22(4), 617-630. https://doi.org/10.3846/20294913.2014.890138Tsanana, E., Katrakilidis, C. & Pantelidis, P. (2013). Balkan area and EU-15: An empirical investigation of income convergence. In Balkan and Eastern European Countries in the Midst of the Global Economic Crisis, Physica-Heidelberg, 23-33. https://doi.org/10.1007/978-3-7908-2873-3_2Vojinović, B., Acharya, S. & Próchniak, M. (2009). Convergence analysis among the ten European tran- sition economies. Hitotsubashi Journal of Economics, 50(2), 123-141.World Bank. (2018). World Development Indicators Database, https://www.databank.worldbank.orgŹuk, P., Polgar, E.K., Savelin, L., Diaz del Hoyo, J.L. & König, P. (2018). Real convergence in central, eastern and south-eastern Europe. ECB Economic Bulletin, Issue 3/2018Sándor Gyula Nagy, Dzenita Siljak - 2019info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2https://creativecommons.org/licenses/by-nc-sa/4.0/https://revfinypolecon.ucatolica.edu.co/article/view/2873Western balkansEuropean unionEconomic growthOld member statesBeta convergenceConvergencia betaBalcanes occidentalesUnión europeaCrecimiento económicoAntiguos estados miembrosConvergência betaBálcãs ocidentaisUnião europeiaCrescimento econômicoAntigos estados-menbrosConvergencia económica de los Balcanes Occidentales hacia la UE-15.Economic convergence of the Western Balkans towards the EU-15.Artículo de revistahttp://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Textinfo:eu-repo/semantics/articleJournal articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/publishedVersionPublicationOREORE.xmltext/xml2562https://repository.ucatolica.edu.co/bitstreams/9a9d9789-3931-4f26-83d8-b3db9e378dda/download798582e77e65ee5469dc85cc591f5c1eMD5110983/29409oai:repository.ucatolica.edu.co:10983/294092023-03-24 17:14:23.491https://creativecommons.org/licenses/by-nc-sa/4.0/Sándor Gyula Nagy, Dzenita Siljak - 2019https://repository.ucatolica.edu.coRepositorio Institucional Universidad Católica de Colombia - RIUCaCbdigital@metabiblioteca.com