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convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
Persistent link: https://www.econbiz.de/10011801809
Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This paper finds an optimal rule-based policy of accumulating public capital and its associated public...
Persistent link: https://www.econbiz.de/10014533530
Among the many concerns over globalization is that as nations compete for mobile firms, they will relax labour standards as a method of lowering costs and attracting investment. Using spatial estimation on panel data for 148 developing countries over 18 years, we find that the labour standards...
Persistent link: https://www.econbiz.de/10009732552
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 employs a recent methodological innovation on intellectual property rights (IPRs) harmonization to project global timelines for common policies against software piracy. The findings on 99 countries are premised on 15 fundamental characteristics of software piracy based on...
Persistent link: https://www.econbiz.de/10011410017
. We also provide the speed of convergence and time required to achieve a 100% convergence. Findings - But for financial … intermediary size within the CFA zone, findings for the most part support only unconditional convergence. There is no form of … convergence within the CEMAC zone. Practical implications - The broad insignificance of conditional convergence results have …
Persistent link: https://www.econbiz.de/10011410050
systems, convergence in piracy rate could be a genuine standard-setting platform. (2) Legal origins do not play a very … significant role in the convergence process. (3) A genuine timeframe for standardizing IPRs laws in the fight against piracy is … most likely between a horizon of 4 to 8 years. In other words, full (100%) convergence within the specified horizon will …
Persistent link: https://www.econbiz.de/10011410064
fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …
Persistent link: https://www.econbiz.de/10011410252
policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is … facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply common modeling and … at macro and micro levels. Findings - Findings suggest overwhelming lack of convergence: (1) initial conditions for …
Persistent link: https://www.econbiz.de/10011410263
Persistent link: https://www.econbiz.de/10013274276