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Convergence and Distributions of Income in Large European Economies

By Michał Kruszka and Marcin Puziak

Abstract

The aim of this paper is an empirical analysis of the convergence process in the years 19932008 and the impact of economic growth on income distribution in selected European Union countries. Considering this fact one can state that research was conducted from the perspective of EU citizens. The crucial hypothesis of this paper is statement that convergence is differently perceived in terms of entire economies, and gives a different picture from the perspective of the single citizen of the selected country. The analysis was carried out in several stages. Initially, the authors referred to the classical convergence hypotheses (unconditional and convergence) within the EU-27, then the same assumptions were examined taking into account population weighted indicators. However, the main aim of research undertaken in this study was to investigate the individual within country distribution of income for the initial and final period, which allowed to answer the question whether faster growth of the new EU was accompanied by reduction of inequalities within analyzed economic systems

Topics: Economic theory. Demography, HB1-3840, Social Sciences, H, DOAJ:Economics, DOAJ:Business and Economics
Publisher: VIZJA Press & IT
Year: 2011
OAI identifier: oai:doaj.org/article:cc05628f838d4a2da6fec9b66ef04745
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