• Fiscal policy and price convergence in the European Union

Scientific article: Fiscal policy and price convergence in the European Union

Author: Dr. Aneta Dzik-Walczak Department of Statistics and Econometrics, Faculty of Economic Sciences, University of Warsaw

Journal of Economy and Management ISSN 2083-963X No 5/2018


Abstract

The following paper undertakes the subject of price convergence in the Member States of the European Union in the years 1995-2011. According to economic theory, an intensive activities aimed at integrating the Community, reflected in the elimination of trade barriers, increase in market transparency, increased competition, promote the equalization of prices and striving towards the fulfillment of the law of one price. The analysis was based on data from the Eurostat, Comtrade, CEPII databases. Econometric methods for panel data, in-cluding the Hausman-Taylor estimator, were used. Basing on the estimation of an extended gravity model, determinants of price convergence were indicated. A particular added value of the analysis is taking into account the fiscal policy in the Member States.

JEL classifications: E31, F02, F36, F41

Keywords: price convergence; fiscal policy; integration; European Union; panel data

Write a review

Note: HTML is not translated!
    Bad           Good

Fiscal policy and price convergence in the European Union

  • £10.00


Related Products

Labour Economics. Theory and practice Ebook

Labour Economics. Theory and practice Ebook

Issues of labour economics and evolution of the economic views of Eastern thinkers, the process of a..

£45.00

Assessment of a selected type of risk occurring in municipal waste incineration plants

Assessment of a selected type of risk occurring in municipal waste incineration plants

Scientific article: Assessment of a selected type of risk occurring in municipal waste incineration ..

£10.00

Introduction to the reimbursement process as a part of the Polish health care system

Introduction to the reimbursement process as a part of the Polish health care system

Scientific article: Introduction to the reimbursement process as a part of the Polish health ca..

£10.00

The perspective of accountants as an occupation within the age of global changes - case of Economics Students’ attitude

The perspective of accountants as an occupation within the age of global changes - case of Economics Students’ attitude

Scientific article: The perspective of accountants as an occupation within the age of global ch..

£10.00

The age of Artificial Intelligence towards a European Strategy for human-centric machines

The age of Artificial Intelligence towards a European Strategy for human-centric machines

Scientific article: The age of Artificial Intelligence towards a European Strategy for human-ce..

£10.00