Modeling regional convergence in the European Union - some limitations of Manoilescu solution

摘要

The theoretical scheme of Mihail Manoilescu can provide a consistent resolution in tests of regional convergence modeling. The identity between international prices and of the partner country prices and, also, between quantities exchanged and the physical productivity - a result of the proportions of the four gold numbers drawn from n prices - and change of the definition / calculation of labor productivity as the total production or added value reported to labor force used are the main limitations identified in the theoretical scheme of exchange of Mihail Manoilescu. Essentially, Manoilescu solution can be developed as application by using modeling and simulation tools for socio-economic processes, with statistical databases, ensuring a factual consistency of the proposed theorizing.