Purpose – The purpose of this paper is to investigate convergence or divergence trends at global scale. Design … world: a convergence one, including countries with low to medium‐high development levels, and a divergence one including …' knowledge) that explores world convergence/divergence employing quadratic WLS regression analysis with a number of economic …

Proposes an empirical analysis of regional convergence in Canada based on the growth model of Barro et al. In an open … Canadian provinces since the early 1950s could be explained by the convergence process of human capital indicators based on the … of the implicit income share of human capital. The convergence speed of per capita income at the regional level might …

New evidence is presented on the degree of aggregate and sectoral labour productivity convergence among 11 EU countries … than sectoral convergence. Aggregate productivity converged at 0.9 percent per annum, with agriculture and manufacturing … percent and 66 percent of the overall rate of aggregate productivity convergence among the EU countries over the period …

price convergence (FPC) by employing Johansen’s multivariate cointegration tests. We also examine if there is a two …

production. Estimates the contribution of changes in Ireland’s sectoral employment structure to labour productivity convergence … time as a significant source of labour productivity convergence. Ireland’s labour productivity convergence was 0.3 per cent …

Uses a specially constructed data set to present new evidence on the convergence performance of Ireland among European … convergence occurred among the EU 12 over the period. Ireland did exhibit catch-up on the EU average. However, Ireland …’s convergence performance becomes distinctly less favourable if adjustments are made for the increase in net factor outflows during …

The paper tests for long-run monetary policy convergence and short-run policy interactions in seven ERM countries over … evidence for very little monetary policy convergence, even during the more stable 1987-92 period. Tests for short-run monetary … appears to accommodate shocks in other member countries. The tests show also that full monetary policy convergence applied …

and the money market over time. Inferences on historical convergence are drawn for the EU15, the 11 countries originally … results indicate significant convergence across the EU. …

Tests for long-run macroeconomic convergence among European Union (EU) countries according to the various exchange rate … production data, output convergence is confirmed or rejected depending on whether or not the first largest principal component … macroeconomic convergence during the 1990s, where evidence is particularly strong for Belgium, France and The Netherlands. The …

members and thereby follow the path of income convergence. Of particular interest is to test whether partial openness (i … calculated the s-convergence, and both conditional and unconditional convergence. Findings – The authors found that both the EU …-25 and the AFTA exhibit s-convergence, and both conditional and unconditional convergence, while the reverse evidence was …