Abstract: This paper focuses on evaluation of the impact of the global financial crisis on the process of real convergence within the EU28 economies. The beta-convergence approach is verified by the use of cross-sectional linear regression analysis. The sigma-convergence is tested by standard deviation of real GDP per capita. The aim is to verify the hypothesis that the beta- and sigma-convergence (β- and σ-convergence) approaches for the study of real convergence lead to different conclusions in the period 2001-2012.
DOI: *As the DOI is a unique identifier, it is already available in the pdf version. **The DOI link will be activated in the first midst of January 2026.
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 11, 2014, Art. #28
Kateřina Dvoroková, "Sigma Versus Beta-Convergence in EU28 in Financial Crisis and Post-Crisis Period," WSEAS Transactions on Business and Economics, vol. 11, pp. 314-321, 2014, DOI:
Kateřina Dvoroková. Sigma Versus Beta-Convergence in EU28 in Financial Crisis and Post-Crisis Period.
WSEAS Transactions on Business and Economics. 2014;11:314-321.