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L. Cekanavicius

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Author: L. CekanaviciusYear: 2018clear all
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5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
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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 Lithuania’s 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...

SOCIAL SCIENCES: Section Economics and Finance2018
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