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The cross-country convergence hypothesis is one of the central topics of long-run macroeconomics. This paper revisits … beta convergence is first documented. Next, the paper incorporates some recent developments from the unsupervised machine … learning literature to evaluate the existence of local convergence. In particular, the application of a distribution …
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The present work analyzes convergence issues on a sample of international countries. By using nonparametric and … semiparametric techniques, evidence of club convergence is found. Multimodality and persistence is a result emerging from the study …
Persistent link: https://www.econbiz.de/10012723084
This paper shows that in Tanzania, economic growth contributes to job creation and employmentopportunities, however, it …
Persistent link: https://www.econbiz.de/10012911973
without a universal definition. This article presents the constitutive elements of economic development, such as growth … the changing economic circumstances of “developed” countries, such as stagnant growth, regional economic disparity within …
Persistent link: https://www.econbiz.de/10012849707
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10013318995
growth in the European Union (conditional β-convergence). Our study suggests that variables such as gross fixed capital …. Consequently, the European Union needs more than ever to reconsider its growth model in order to ensure long-term convergence and …With advancement of the European integration process, income convergence has become a debated topic that has challenged …
Persistent link: https://www.econbiz.de/10012391270
The paper investigates the relationship between development, as measured by the GNI per capita and lived poverty in Tanzania which is measured on the basis of whether and how often respondents go, in the course of one year, without food, water, medical care, cooking fuel and cash income. By...
Persistent link: https://www.econbiz.de/10011817286