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and on how long it takes other entrepreneurs to improve it. We show that technological convergence emerges from the …
Persistent link: https://www.econbiz.de/10011730583
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined … whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The … studies have found not to display convergence, shows signs of catch-up. …
Persistent link: https://www.econbiz.de/10010466017
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 …
Persistent link: https://www.econbiz.de/10010251655
estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560
obtained. It is demonstrated that convergence is pronounced between regions that are far away from each other while there is no … convergence between neighbor regions. Third, it is shown how the conditional o-convergence approach can be extended to other …
Persistent link: https://www.econbiz.de/10011570758
and on how long it takes other entrepreneurs to improve it. We show that technological convergence emerges from the …
Persistent link: https://www.econbiz.de/10014037995
of spatial correlation we estimate the convergence rate of wages across Kazakh regions for the period 2003–2009. The … estimated convergence rate is about 3% which is somewhat higher than estimates obtained for the USA and Europe. At the same time … there is slight divergence in the GRP per capita. It is argued that convergence in wages which coincides with divergence in …
Persistent link: https://www.econbiz.de/10013111473
and negative effects. In this respect, the theory supports the findings of the empirical literature, which are …
Persistent link: https://www.econbiz.de/10011807212
and negative effects. In this respect, the theory supports the findings of the empirical literature, which are … inconclusive in nature. -- Military Expenditure ; Defense Spending ; Convergence ; Economic Growth …
Persistent link: https://www.econbiz.de/10009492389
In the Structuralist-Keynesian approach, economic growth is a cumulative causation process driven by a continuous interaction between macroeconomic and technological dynamics, involving several structural variables. In this context, labour productivity is both an input of the growth process,...
Persistent link: https://www.econbiz.de/10012930486