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Economic integration and globalization are expected to promote economic growth and convergence. This article offers a comparative analysis of the pace of development in terms of GDP per capita in 79 economies from 1970 to 2019. Usually, economic convergence literature aims to establish whether...
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Purpose: The study aims to explore the sectoral contributions defined as agriculture, manufacturing and services value added, capital inflows defined as workers' remittances, foreign direct investment, official development assistance and domestic credit by banks as a proxy for financial...
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The literature on clustering has highlighted several advantages of industrial agglomerations. Persons and firms benefit from the production and innovation activities of neighbouring companies in the same and related industries. Considering such benefits, which are viewed as positive...
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