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Persistent link: https://www.econbiz.de/10009687316
models ; principal components ; convergence ; divergence ; Indian states …
Persistent link: https://www.econbiz.de/10003809921
Over the last decade, a growing body of literature dealing with the phenomenon of the “middle-income trap” (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a considerably short...
Persistent link: https://www.econbiz.de/10012984402
Over the last decade, a growing body of literature dealing with the phenomenon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time,...
Persistent link: https://www.econbiz.de/10011661331
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the...
Persistent link: https://www.econbiz.de/10014218314
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades....
Persistent link: https://www.econbiz.de/10014063864
The study is based on the critical observations that competitive market forces alone are not able to assure convergence … member countries. Our paper deals with the evolution of the EU cohesion funds, as well as with the results of convergence …. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and Role of Knowledge in Relation to the EU …
Persistent link: https://www.econbiz.de/10010529091
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …
Persistent link: https://www.econbiz.de/10011671956
divergence between different countries before 1950 is faster and the speed of convergence after 1950 is slower after adjusting …-country convergence. When the observed changes in average household size across countries are taken into consideration, growth in living …
Persistent link: https://www.econbiz.de/10011815287
divergence between developed and underdeveloped economies. …
Persistent link: https://www.econbiz.de/10011995797