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The results of the PISA 2000 study renewed the interest in the contribution of human capital to economic growth. So far the exploration of large country comparisons delivered rather mixed results. Concentrating on those OECD member countries which participated in PISA 2000, this paper uses panel...
Persistent link: https://www.econbiz.de/10010261034
The results of the PISA 2000 study renewed the interest in the contribution of human capital to economic growth. So far the exploration of large country comparisons delivered rather mixed results. Concentrating on those OECD member countries which participated in PISA 2000, this paper uses panel...
Persistent link: https://www.econbiz.de/10005436106
world of increasing economic integration convergence in health care financing (HCF) and, hence, decreasing differences in … convergence we take the public financing ratio in % of total HCF and in % of GDP. The major finding is that HCF in the OECD … convergence is decreasing over time. …
Persistent link: https://www.econbiz.de/10010294784
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial …
Persistent link: https://www.econbiz.de/10010295468
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …
Persistent link: https://www.econbiz.de/10010295589
This paper contributes towards the growing debate concerning the world distribution of income and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is...
Persistent link: https://www.econbiz.de/10010296043
According to New Growth Theory one can not rely on the convergence mechanisms inherent in traditional neoclassical … constant returns to scale models. Convergence as well as divergence is possible, in general, depending on the assumptions about … conditions divergence, convergence or a stable centre-periphery structure emerge. The model allows for different degrees of …
Persistent link: https://www.econbiz.de/10010296232
The convergence of estimators, e.g. maximum likelihood estimators, for increasing sample size is well understood in … many cases. However, even when the rate of convergence of the estimator is known, practical application is hampered by the … convergence of the estimator itself with the analysis of the convergence of stochastic optimization algorithms, e.g. threshold …
Persistent link: https://www.econbiz.de/10010297265
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups …
Persistent link: https://www.econbiz.de/10010298739
This paper examines whether economic integration favors countries' convergence into a common cone of diversification … integration in Europe is found to have promoted convergence from lower to higher diversification cones. …
Persistent link: https://www.econbiz.de/10010301120