...), investment, labor force and political institutions on the economic performance. Design/methodology/approach In this research, panel data as well as cross-country analysis were applied on a sample of 64 countries from 1980 to 2014. Countries were further divided into developed and developing countries...

... does help in achieving convergence in economic performance of 26 EU nations, because 18 of the 26 nations were efficient in 2002. However, this paper finds that after 2002, there is a lack of convergence in the performance of 26 EU nations and some nations have performed more efficiently in contrast...