
EUROPEAN ECONOMIC CONVERGENCE: WHEN WE WILL CLOSE THE GAP? (CASE OF LITHUANIA)
(STEF92 Technology, 2018, Indre Bagdonaite, L. Cekanavicius)
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The purpose of this study was to estimate Lithuanias and EU-15 countries group real GDP per capita growth rates and to evaluate possible convergence scenarios. The real GDP per capita (in purchasing power standards) data for EU-15 and Lithuania for a period of 2005-2016 were employed to establish comparative average annual GDP per capita growth rates. Three possible convergence scenarios were analyzed: As it Were, i.e. if the average annual growth rates remain at the current levels, Speeding Up, i.e. if the c...






