ISSN: 0137-3056


MoSaHE points:

13



Editor in chief:
prof. dr hab. Tomasz Żylicz
tzylicz@wne.uw.edu.pl

Editorial assistant:
Marta Höffner
ekonomia@wne.uw.edu.pl
(48) 22 55 49 184

Publisher:



Quality of Institutions for Global Knowledge-based Economy and Convergence Process in the European Union

A. Balcerzak, M. Pietrzak

ABSTRACT: The use of the potential of economic convergence is one of the key challenges of economic policy in the case of the European Union. Due to structural changes that have led to the growing role of knowledgebased economy (KBE), the analysis made in the paper is based on the assumption that the convergence process of the EU countries takes place in the reality of the KBE, thus in order to facilitate it, all the EU members should concentrate on building institutions that are adequate to the conditions of the KBE. In this context, the aim of the study is to verify the potential impact of the quality of institutional system of the EU countries on the convergence process. In this regard, the analytical framework of conditional ß-convergence was used with econometric dynamic panel modeling. To measure the quality of institutional system the authors proposed an indicator, designed with TOPSIS method. For this purpose the data were obtained from the Fraser Institute database. Dynamic panel econometric analysis carried out for the European Union countries in the years 2004–2010 confirms that the high quality and adequacy of the institutional system to the conditions of the KBE supports convergence process in the EU.

Full text (PDF)


Issue number: 42

In this issue:

Introduction
G. Grotkowska
ABSTRACT | PDF
Was It All Worth It? On the Value of Tertiary Education for Generation ’77 in Poland
L. Wincenciak
ABSTRACT | PDF
She Cares and He Earns? The Family Gap in Poland
E. Cukrowska-Torzewska
ABSTRACT | PDF
Corruption and Export Performance in Post-communist Countries: Evidence from Firm-level Data
A. Cieślik, Ł. Goczek
ABSTRACT | PDF
Quality of Institutions for Global Knowledge-based Economy and Convergence Process in the European Union
A. Balcerzak, M. Pietrzak
ABSTRACT | PDF
The State as an Entrepreneur: Reorientation of the Economic Policy of the Republic of Poland in Late 1930s and the Development of State
P. Koryś
ABSTRACT | PDF
Determinants of Corruption in Ukrainian Regions: Spatial Analysis
A. Penska
ABSTRACT | PDF
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