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Persistent link: https://www.econbiz.de/10001792389
world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal …
Persistent link: https://www.econbiz.de/10011596202
In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence has not occurred at the...
Persistent link: https://www.econbiz.de/10014029829
Persistent link: https://www.econbiz.de/10000680238
We estimate the relative roles of factor inputs and productivity in explaining the level of economic development, which is measured as output per worker. For a large sample of countries, we show that alternative identifying productivity assumptions and alternative measures of human capital have...
Persistent link: https://www.econbiz.de/10011472182
world income distribution dynamics. Formal statistical hypothesis tests allow us to discriminate between two competing … contributes to the polarization of the world income distribution. -- economic growth ; neoclassical convergence ; technological …
Persistent link: https://www.econbiz.de/10009583880
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
Persistent link: https://www.econbiz.de/10013218903
Industrial Revolution, peaked during the Second World War, and decreased afterwards. This pattern is fully consistent with the …
Persistent link: https://www.econbiz.de/10011671956
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
Persistent link: https://www.econbiz.de/10012472386
world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal …
Persistent link: https://www.econbiz.de/10014063510