The paper addresses two problems in the analysis of regional convergence in the European. First, typical convergence studies use data that is only available for some of the regions in the EU. This introduces a selection bias, as the lack of data is likely to be systematically linked to the regional income level. Secondly, the estimation takes the EU regional policy explicitly into account. The ...

â  â â â  â  abstract â  this paper examines convergence of real gdp per capita in the selected east asian countries and this relationship with selected middle east countries during the period 1950-2009. the reason behind this refers to the fact that east asia countries (including china, hong kong, singapore, malaysia, indonesia, thailand, japan and south korea) have been involved in achieving ...

We study the robustness of interim correlated rationalizability to perturbations of higher-order beliefs. We introduce a new metric topology on the universal type space, called uniform-weak topology, under which two types are close if they have similar first-order beliefs, attach similar probabilities to other players having similar first-order beliefs, and so on, where the degree of similarity...

We prove the trace-norm convergence of the Trotter product formula for nonself-adjoint Gibbs semigroups. For any m-sectorial generators A and B such that e ?tRe A is in the trace-class for t > 0, the Trotter product formula converges in the trace-norm. With smallness conditions on B with respect to A, we give error bound estimates of the convergence rate in this topology.

Almost two decades since conflict broke out between Republic of Azerbaijan and Armenia, two northern neighbors of Iran, in Nagorno – Karabakh region. Although military conflict in this region has minimized with the existing ceasefire, and reaching a sustainable agreement is likely to be happened by the two parties. Close regional and international cooperation seems necessary more than ever in o...

This open access book explores the role of innovation in technological convergence processes European regional area.

Convergence of a sequence of deterministic functions in the Skorohod topology d…‰0;?†† implies convergence of the jumps. For processes with independent additive increments the ®xed discontinuities converge. In this paper it will be shown that this is not true for processes with independent max-increments. The limit in d…‰0;?†† of a sequence of stochastically continuous extremal processes may ha...