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mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …
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The authors revisit Western Europe's record with labor productivity convergence and tentatively extrapolate its …) high rates of capital accumulation and TFP growth reflect convergence along two margins. One margin (between industries) is …-industry one. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a …
Persistent link: https://www.econbiz.de/10002559909
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … capital accumulation and TFP growth reflect convergence along two margins. One margin (between industry) is a massive …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …
Persistent link: https://www.econbiz.de/10013101075
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … capital accumulation and TFP growth reflect convergence along two margins. One margin (between industry) is a massive …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …
Persistent link: https://www.econbiz.de/10012467642
We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for … rates of capital accumulation and TFP growth reflect convergence along two margins. One margin (between industries) is a … with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long time. On …
Persistent link: https://www.econbiz.de/10014067497