Dynamics of Convergence between Poland and the European Union

• Autorzy: Jakub Growiec
• Języki publikacji: EN

Abstrakty

EN

The convergence hypothesis, an implication of neoclassical growth models, is frequently discussed in literature. Empirical research shows that several additional conditions need to be met for convergence to take place. Processes such as economic integration, foreign direct investment, international transfers and knowledge and technology diffusion should help Poland catch up with more affluent European Union member states. Available data is insufficient, however, for a positive verification of the convergence hypothesis in Poland. Predictions of its potential impact on the Polish economy can be obtained thanks to an indirect approach. Overall, Poland needs about 55 years to reach 80% of the average GDP level in the 15 "old" EU member states (before the last round of enlargement). (original abstract)

Słowa kluczowe

PL

Konwergencja gospodarcza; Integracja gospodarcza; Inwestycje zagraniczne; Wzrost gospodarczy regionu; Gospodarka oparta na wiedzy (GOW); Innowacje

EN

Economic convergence; Economic integration; Foreign investment; Economic growth of the region; Knowledge-based economy; Innovations

• Czasopismo: Gospodarka Narodowa
• Rocznik: 2006
• Numer: nr Special Issue
• Strony: 101-120

Twórcy

autor

Jakub Growiec

• Warsaw School of Economics, Poland

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