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advanced economies. Various development policies have been pursued to achieve this convergence. We test for this convergence in … development has resulted in convergence of domestic firms to the world standard. © 2012 The President and Fellows of Harvard …
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. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …
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We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
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advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …
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