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Economies at early stages of development are often shaken by abrupt changes in growth rates, whereas in advanced economies growth rates tend to be relatively stable. To explain this pattern, we propose a theory of technological diversification. Production makes use of different input varieties,...
Persistent link: https://www.econbiz.de/10010928680
Convergence concerns poor economies catching up with rich ones. At is- sue is what happens to the cross sectional …
Persistent link: https://www.econbiz.de/10010745108
global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and …
Persistent link: https://www.econbiz.de/10010884745
growth and major strands of the empirical literatures on R&D, productivity growth, and productivity convergence. Starting …
Persistent link: https://www.econbiz.de/10010884730
Convergence concerns the poor catching up with the rich|if not instan- taneously, then at least having a tendency to do … so. When poor and rich here refer to entire economies, then whether convergence occurs is traditionally viewed as just a … instead that convergence itself is of direct interest. When conver- gence is made central and thus investigated, new …
Persistent link: https://www.econbiz.de/10010928784
Persistent link: https://www.econbiz.de/10010884706
peaks" in the cross-sectional distribution, not simple patterns of convergence or divergence. The theo- retical problems …
Persistent link: https://www.econbiz.de/10010928725
support for convergence is fading away after the EMU was initiated in 1999. A process of divergence in per capita GDP is … hindered convergence among the countries of the Eurozone. On the one hand, there is wide agreement on the fact that asymmetric … underway, in contrast with the substantial progress that has taken place during the nineties. Regional convergence is also …
Persistent link: https://www.econbiz.de/10005453830
productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10010744856
, convergence, and the political economy of corporate governance codes. …
Persistent link: https://www.econbiz.de/10010745040