Showing 1 - 10 of 718
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
Beginning in the 1980s, India has experienced an acceleration of economic growth by way of a promotion of a more efficient pro business and market oriented model. Following the rapid growth of the 1980s, the 1990s brought continued deregulation through market liberalization policies and...
Persistent link: https://www.econbiz.de/10013089572
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
issue of disparities and convergence in levels of living within regions and cities of the Russian Federation (the RF) in the … classification of RF regions and cities and evaluation of disparities and convergence tendencies of levels of living. The analysis of … dynamics of the synthetic indicators of level of living provides evidence for regional convergence of levels of living and a …
Persistent link: https://www.econbiz.de/10011509823
inequality? And finally, we examine the convergence (or divergence) in terms of inequality. Analogous to the concept of (absolute …) convergence in terms of growth, a country is said to be convergent if the country has started with high (low) level of inequality …
Persistent link: https://www.econbiz.de/10011516928
Persistent link: https://www.econbiz.de/10012425996
Persistent link: https://www.econbiz.de/10012649658
Empirical evidence about income convergence among regions and countries is inconclusive and it is necessary to clarify … the economic and institutional conditions for convergence. We investigate movements in the income distribution among … development. The convergence towards a narrower unimodal distribution of per capita income is convincing in this homogenous …
Persistent link: https://www.econbiz.de/10012653742
Persistent link: https://www.econbiz.de/10013361928
We analyze the cross-national distribution of GDP per capita and its evolution from 1970 to 2003. We argue that peaks are not a suitable measure for distinct growth regimes, because the number of peaks is not invariant under strictly monotonic transformations of the data (e.g. original vs. log...
Persistent link: https://www.econbiz.de/10010288996