Suchergebnisse

Purpose: The main aim of this paper is to present a concept of marginal vertical income convergence. This method allows to determine the individual contribution of the objects (countries, regions) to the observed general process of real convergence. Design/Methodology/Approach: Proposed methodology allows to avoid the limitations of the classical analysis of income convergence. To check the cross-country stability of the parameters and to assess an individual contribution to convergence process, separate regressions for all EU member states was provided. The differences between coefficients of the model based on full sample and coefficients specific for a particular country indicate this individual effect. Findings: The empirical results show that in 1993-2018 we can observe an absolute β income convergence within the European Union, accelerated after 2008-2009's crisis period. However, the main conclusion is that the contribution to the overall process of levelling out GDP per capita within the EU was different from one member state to another. Received results confirmed that outliers removing allows to increase the quality of used models and the reliability of formulated interpretations. Practical Implications: Different values of marginal vertical income convergence are caused by differences in the dynamics of economic growth of individual countries, their different resistance to economic shocks, as well as different levels of inequality and distribution of income and wealth. Recognition of such differences is the first step in developing policies aimed at reducing discrepancies among national behaviours that could be observed as a background of a general convergence process. Originality/value: This research presents new concept of cross-sectional real convergence analysis built on the long period sample covering pre- and post-crisis time for all EU member countries. Additional contribution of the undergone study is robustness analysis that make allowances of outlier's impact. ; peer-reviewed

This introductory chapter explains that there is a widely shared understanding of the imperative nature of media convergence, which is based on different notions connecting positive goals such as efficiency, synergy, simplification, information abundance, participation, availability and multimodality. These social imaginaries of media convergence are powerful concepts that influence political agendas and legitimize policy decisions. In this book, these privileged meanings of media convergence are challenged by presenting alternative and mostly overlooked trends and theories defined under the umbrella term of media deconvergence. The perspective of deconvergence helps to shed light on sites of tension and the simultaneity of competing forces such as coalescence and drifting apart, or linearity and discontinuity. Two of these sites of tension are analyzed more carefully in this chapter: the users perspective and the (de)convergence of markets. ; (VLID)2321125

AbstractThis paper investigates club convergence in per capita income across 81 NUTS‐III regions in Turkey over the 1987–2017 period using the procedure suggested by Phillips and Sul. Based on a nonlinear factor model that allows for transitional heterogeneity, our econometric approach enables us to test the presence of convergence clusters and to examine their transitional behavior. We obtain strong evidence that there is no absolute or conditional convergence but convergence clubs across Turkish regions: five clubs in the first period covering 1987–2001 and six clubs in the second period covering 2004–2017. The geographical distribution of clubs suggests a clear separation between the eastern and the western regions of Turkey for both periods. While geography may be destiny, results from an ordered logit model reveal that initial income per capita, human capital, and total credits are the most important determinants of convergence clubs in Turkey.