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Regional Cohesion: Evidence and Theories of Regional Growth and Convergence

Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994

After arguing that the concepts of b-convergence and s-convergence are independently interesting, this paper extends the empirical evidence on regional growth and convergence across the United States, Japan, and five European nations. We confirm that the estimated speeds of convergence are...

Persistent link: https://www.econbiz.de/10005114384

Factor Shares and Savings In Endogenous Growth

Bertola, Giuseppe - C.E.P.R. Discussion Papers - 1991

This paper studies the distributive effects of growth when different agents' income is drawn from accumulated and non-accumulated factors of production in different proportions. It also notes that political interactions may contribute to determine factor shares and growth when income sources are...

Persistent link: https://www.econbiz.de/10005791498

The Classical Approach to Convergence Analysis

Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1995

The concepts of s-convergence, absolute b-convergence and conditional b-convergence are discussed in this paper. The concepts are applied to a variety of data sets that include a large cross section of 110 countries, the sub-sample of OECD countries, the states within the United States, the...

Persistent link: https://www.econbiz.de/10005656407

Education, Income Distribution, and Growth: The Local Connection

Bénabou, Roland - C.E.P.R. Discussion Papers - 1994

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

Persistent link: https://www.econbiz.de/10005661649

The Evolution of Modern Educational Systems: Technical Vs. General Education, Distributional Conflict and Growth

Bertocchi, Graziella; Spagat, Michael - C.E.P.R. Discussion Papers - 1998

and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is … best summarized by the ratio of vocational to general education, which we interpret as a measure of the degree of … vocational education at the expense of general. …

Persistent link: https://www.econbiz.de/10005504686

Regional Growth in Japan

Shioji, Etsuro - C.E.P.R. Discussion Papers - 1996

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 paper investigates the possibility that this discrepancy...

Persistent link: https://www.econbiz.de/10005123658

Technological Progress, Mobility, and Economic Growth

Galor, Oded; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 1996

This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings – parental human capital and...

Persistent link: https://www.econbiz.de/10005124238

Workers, Machines and Economic Growth

Zeira, Joseph - C.E.P.R. Discussion Papers - 1995

This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent...

Persistent link: https://www.econbiz.de/10005504740

Tests of the `Convergence Hypothesis': A Critical Note

Cohen, Daniel - C.E.P.R. Discussion Papers - 1992

I argue in this paper that the `speed of convergence' estimated in recent works on `convergence' does not capture `actual' convergence towards a steady state, but rather conditional dynamics towards a moving target. Although this conditional convergence can be taken to imply that there are...

Persistent link: https://www.econbiz.de/10005504752

Convergence Equations and Income Dynamics: The Sources of OECD Convergence, 1970-95

de la Fuente, Angel - C.E.P.R. Discussion Papers - 1998

This paper illustrates how convergence equations can be used to analyse the dynamics of the income distribution, thus overcoming some of the limitations of this methodology noted by Quah. Using panel data for a sample of OECD countries, we estimate a growth equation that relates the growth rate...

Persistent link: https://www.econbiz.de/10005656166