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growth performance and convergence. In the first part of the paper, the innovation performance of the regions is modelled … considered. In the second part of the paper the innovation performance is related to the process of convergence and divergence …. Earlier research has shown that although convergence is present at aggregated European Union level a much more diversified …
Persistent link: https://www.econbiz.de/10011790019
Persistent link: https://www.econbiz.de/10010531249
We present an OLG endogenous growth model in which a reduction in the level of concentration in the banking industry … process of financial and economic development. Using cross country in- dustry data we find that banking concentration is … concentration and growth depending on the level of economic development. …
Persistent link: https://www.econbiz.de/10005014868
participation in income and policy. These are shown to be steady state features of globalization in a convergence club model of …
Persistent link: https://www.econbiz.de/10010764950
areas without exception social production contributes to economic growth. At the present stage the concentration of … parameters. The study attempts to influence the transformation of scientific evidence and the concentration of intellectual … capital on economic growth. The author defines the concept and essence of the concentration of intellectual capital, explores …
Persistent link: https://www.econbiz.de/10011196570
We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
Persistent link: https://www.econbiz.de/10010292939
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
Persistent link: https://www.econbiz.de/10010301281
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10010325489
The chapter intends to assess income convergence among the 11 Central and Eastern European (CEE) countries that joined …, Romania, Slovakia, and Slovenia (EU11). Convergence in these countries is analyzed in relation to the old EU members (EU15 …
Persistent link: https://www.econbiz.de/10011554140
quickly with West Germany, mainly because the capital stock was modernised and expanded. Convergence, however, has almost come …
Persistent link: https://www.econbiz.de/10011821514