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pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity …: improvements in the productivity of 'robots' drive divergence, as advanced countries differentially benefit from their initially …
Persistent link: https://www.econbiz.de/10012302048
In the last few decades there has been little convergence of income levels in Latin America with those in the United States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the result of low investment. Latin America is poorer...
Persistent link: https://www.econbiz.de/10012252005
Persistent link: https://www.econbiz.de/10012392481
Persistent link: https://www.econbiz.de/10009615565
that China's productivity convergence remains at an early stage, with the industrial sector more advanced than services …
Persistent link: https://www.econbiz.de/10012154921
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
Continuing the empirical debate on the effects of IMF-supported programs on participating countries' macroeconomic performance, we focus on the issue of whether these programs accelerate conditional AY-convergence among low-income countries (LICs). We use an unbalanced panel dataset for 85 LICs...
Persistent link: https://www.econbiz.de/10011978702
Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...
Persistent link: https://www.econbiz.de/10012518290
marriage is not only critical from a development perspective but it also has important economic implications. This paper is the …
Persistent link: https://www.econbiz.de/10012170160
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on …
Persistent link: https://www.econbiz.de/10012605579