Showing 1 - 10 of 11,458
educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income … convergence dynamics between emerging economies in Central and Eastern Europe and Western European countries during the next 50 … exercise shows that the returns to education in terms of income convergence in Europe could be sizeable, although it may take …
Persistent link: https://www.econbiz.de/10013013783
Persistent link: https://www.econbiz.de/10013160414
We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a...
Persistent link: https://www.econbiz.de/10011993244
In this paper, whether there is a convergence of per capita incomes across Turkish provinces during 2004-2014 period is examined following the availability of per capita incomes of Turkish provinces for this period as of December 2016. Considering that firms and households of different regions...
Persistent link: https://www.econbiz.de/10011696366
Existing studies identify two major underlying mechanisms behind East and Southeast Asia’s miraculous economic performance in the past 5 decades: accumulation and technological catching-up. This study investigates empirically the relative importance of these two mechanisms in Asian development...
Persistent link: https://www.econbiz.de/10013328193
I use a dynamic Solow growth model, augmented with human capital, labor-hours, and oil prices, to show that Japan’s growth in GDP/adult over 1969-2007 can be explained as a process of convergence to a world steady-state rate of 1%/year. I find that each additional year of average schooling...
Persistent link: https://www.econbiz.de/10014198355
One of the most fundamental issues worldwide is the economic interdependence of countries which affects their economic growth. Some new growth theorists such as Mankiw et al., Islam, Ertur and Koch, Lee, Yu and Yu Ho et al. consider geographical proximity and trade as spatial variables. This...
Persistent link: https://www.econbiz.de/10012308441
Persistent link: https://www.econbiz.de/10010258572
We analyze four interrelated aspects of economic convergence and their linkages over the period 1999-2013, drawing on the experiences of 26 member states of the European Union, with special focus on the ten Central and East-European new members (the EU10). These aspects are (1) real economic,...
Persistent link: https://www.econbiz.de/10011333487
We investigate (i) the characteristics of real economic and price convergence, (ii) the relationship between economic growth (convergence) and real exchange rate (RER) misalignments within the European Union (EU) during the period 1995–2016. In addition to the relative external price level of...
Persistent link: https://www.econbiz.de/10012012148