Naslov
PRODUCTIVITY CONVERGENCE OF POST-TRANSITION COUNTRIES AFTER EUROPEAN UNION ACCESSION

Autori
Karić, Darko ; Tomašević, Dušan ; Ćosić, Draženka

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Economic and Social Development - 76th International Scientific Conference on Economic and Social Development Development – "Building Resilient Society" / Misevic, Petar ; Kontic, Ljiljana ; Galovic, Tomislav - Zagreb : ESD-CONFERENCE, 2021, 240-248

Skup
76th International Scientific Conference on Economic and Social Development: "Building Resilient Society"

Mjesto i datum
Zagreb, Hrvatska, 17.12.2021. - 18.12.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
GDP per capita, gross salary, external trade coverage ratio, export of goods, productivity

Sažetak
After post-transition countries entered the European Union, the effect of convergence has been highly disproportionate if looking at share of gross salary in the final product per capita. The goal of this paper is to point out the different level of economic development of post-transition countries, which shifted from socialist-communist economy in 1980s to the capitalist economy after the 1990s. Moreover, authors will analyze the level of real economic development, comparing the real productivity with nominal productivity from 2000 to 2020. The ratio between gross salaries in real GDP per capita and export of goods per capita is representing the real economic productivity, while nominal productivity will be represented through the level of purchasing power measured by gross salaries among the observed countries. Observed countries are post-transition countries, which all became European Union members, namely: Slovenia, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria and Croatia. This paper will compare which of named countries have higher living standard measured by the level of gross salary, while on the other hand, the living standard will be also shown in the real terms, expressing the paradox of economic development

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA