Showing 1 - 10 of 81
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …
Persistent link: https://www.econbiz.de/10009359488
fiscal convergence criteria written into the Treaty of Maastricht and its Protocols. In order to qualify for full membership …
Persistent link: https://www.econbiz.de/10005123517
This paper studies the role of internal migration in income convergence across regions in Japan. Neoclassical theory … predicts that migration should have been an important source of convergence, but regression results suggest otherwise. The … shown that, although this effect did slow down convergence, its magnitude was too small to account for the discrepancy …
Persistent link: https://www.econbiz.de/10005123658
An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …
Persistent link: https://www.econbiz.de/10005123710
Price and output level convergence between new member states and the existing EU necessarily implies inflation and … nominal criteria are suspended, the policy instruments required to achieve euro convergence are in the hands of the individual …
Persistent link: https://www.econbiz.de/10005124072
convergence. Focusing on the late nineteenth century, a period both of globalization and convergence, it shows that trade had an … important force for convergence during this period, however. The analysis suggests that more attention should be paid to open … economy forces when discussing convergence. …
Persistent link: https://www.econbiz.de/10005124198
World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the … leaders, especially in real wages and living standards. Some, like Ireland, achieved convergence without industrialization … globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …
Persistent link: https://www.econbiz.de/10005124320
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or …
Persistent link: https://www.econbiz.de/10005124371
terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … natural economic integration among them so far. Certain levels of convergence occurred only for a limited number of countries …
Persistent link: https://www.econbiz.de/10005124389
. There is convergence to natives in the occupational distribution, but not in wages. In the long run, the return for …
Persistent link: https://www.econbiz.de/10005124392