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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
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
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estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560
, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …
Persistent link: https://www.econbiz.de/10012395753
and simulate energy intensity based on a conditional convergence approach, and show how based on the results the long …
Persistent link: https://www.econbiz.de/10012542885
integration, so we augment a model of conditional wage convergence through the inclusion of sector-specific broad and narrow … supporting unconditional skill-specific wage convergence in EU sectors. In a conditional setting, (slow) wage convergence takes …
Persistent link: https://www.econbiz.de/10011802179
economies. This lead to the need for what the economists call sustainable convergence, whether we refer to the institutional …, legal, fiscal or monetary framework. This paper aims to investigate to current degree of convergence between the members of … economies. The obtained results confirm the convergence hypothesis between the new member states of the European Union, with …
Persistent link: https://www.econbiz.de/10011004921