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the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …
Persistent link: https://www.econbiz.de/10011407943
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
The Partnerships pillar of the 2030 Agenda for Sustainable Development cuts across all the goals focusing on the mobilisation of resources needed to implement the agenda. Thailand’s “sufficiency economy philosophy” encourages the prioritisation of long-term sustainability over short-term...
Persistent link: https://www.econbiz.de/10011914182
Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces sustainable economic growth in Nigeria. This paper examines...
Persistent link: https://www.econbiz.de/10012165290
convergence by facilitating the migration of workers out of the low-productivity agricultural sector into the industry and … convergence with frontier countries. This has the potential to lift millions more out of poverty without exacerbating income …
Persistent link: https://www.econbiz.de/10011399569
inequality. An estimated baseline convergence model captures the long-term effect of human capital and total investment on …
Persistent link: https://www.econbiz.de/10011578188
An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on … increase the speed of convergence of catching-up countries. Public investment is more beneficial in some areas than others …
Persistent link: https://www.econbiz.de/10011578195
Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable Development Goal (SDG) 9, which consists of building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation. The objectives of...
Persistent link: https://www.econbiz.de/10013461773
feasible within a horizon of 4.3 to 10.4 years. In other words, full (100%) convergence within the specified timeframe will … characteristics of software piracy. The absence of convergence (in absolute and conditional terms) for the World panel indicates that …
Persistent link: https://www.econbiz.de/10011409257
This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank's Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time...
Persistent link: https://www.econbiz.de/10011409993