A Novel Methodology for Comparisons in Time and Space

Sicherl, Pavle (September 1997) A Novel Methodology for Comparisons in Time and Space. Former Series > Reihe Osteuropa / East European Series 45


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Abstract: In economics, politics, business and statistics time distance concept can provide new insights from existing data. A novel statistical measure S-distance (expressed in time) is generalised to complement conventional static measures in timeseries comparisons, regressions, models, forecasting and monitoring. The examples focus on disparities in GDP per capita for EU regions and countries, and selected transition countries. The broader analysis in two dimensions leads to a comprehensivedefinition of convergence, new hypotheses and policy conclusions. For cohesion in the EU it is important also how fast and not only how much faster the less developed units grow.;

Item Type: IHS Series
Keywords: 'Time Distance' 'S-Distance' 'Cohesion in the EU' 'Convergence' 'Disparities in GDP per Capita in the EU' 'Proximity in Time and Proximity in Indicator Space' 'Overall Degree of Disparity'
Classification Codes (e.g. JEL): C10, N10, O10, O52
Date Deposited: 26 Sep 2014 10:36
Last Modified: 01 Apr 2016 14:10
URI: https://irihs.ihs.ac.at/id/eprint/1007

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