EN
DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM
Abstract
The present paper adopts a broad perspective of the Optimum Currency Area
theory, and attempts to detect trends of convergence in terms of economic
freedom among the Eurozone countries. The empirical analysis utilizes the Index
of Economic Freedom and employs the methodological approaches of
unconditional β-convergence and convergence clubs. The results indicate that the
trend revealed for the period 2001-2017 is, in fact, the balance between the
opposite trends revealed for the sub-periods 2001-2008 and 2008-2017.
Particularly, during the sub-period 2008-2017 the trend of convergence vanishes
and the trend of divergence becomes stronger.
Keywords
Details
Primary Language
English
Subjects
-
Journal Section
-
Publication Date
February 1, 2017
Submission Date
February 1, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 9 Number: 1
APA
Kallioras, D., Gkotinakou, G., & Farda, M. (2017). DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM. International Journal of Economics and Finance Studies, 9(1), 33-47. https://izlik.org/JA33GD34HL
AMA
1.Kallioras D, Gkotinakou G, Farda M. DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM. IJEFS. 2017;9(1):33-47. https://izlik.org/JA33GD34HL
Chicago
Kallioras, Dimitris, Georgia Gkotinakou, and Markos Farda. 2017. “DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM”. International Journal of Economics and Finance Studies 9 (1): 33-47. https://izlik.org/JA33GD34HL.
EndNote
Kallioras D, Gkotinakou G, Farda M (February 1, 2017) DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM. International Journal of Economics and Finance Studies 9 1 33–47.
IEEE
[1]D. Kallioras, G. Gkotinakou, and M. Farda, “DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM”, IJEFS, vol. 9, no. 1, pp. 33–47, Feb. 2017, [Online]. Available: https://izlik.org/JA33GD34HL
ISNAD
Kallioras, Dimitris - Gkotinakou, Georgia - Farda, Markos. “DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM”. International Journal of Economics and Finance Studies 9/1 (February 1, 2017): 33-47. https://izlik.org/JA33GD34HL.
JAMA
1.Kallioras D, Gkotinakou G, Farda M. DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM. IJEFS. 2017;9:33–47.
MLA
Kallioras, Dimitris, et al. “DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM”. International Journal of Economics and Finance Studies, vol. 9, no. 1, Feb. 2017, pp. 33-47, https://izlik.org/JA33GD34HL.
Vancouver
1.Dimitris Kallioras, Georgia Gkotinakou, Markos Farda. DETECTING TRENDS OF CONVERGENCE AMONG THE EUROZONE COUNTRIES IN TERMS OF ECONOMIC FREEDOM. IJEFS [Internet]. 2017 Feb. 1;9(1):33-47. Available from: https://izlik.org/JA33GD34HL