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models ; principal components ; convergence ; divergence ; Indian states …
Persistent link: https://www.econbiz.de/10003809921
Over the last decade, a growing body of literature dealing with the phenomenon of the “middle-income trap” (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a considerably short...
Persistent link: https://www.econbiz.de/10012984402
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the...
Persistent link: https://www.econbiz.de/10014218314
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades....
Persistent link: https://www.econbiz.de/10014063864
Persistent link: https://www.econbiz.de/10011203014
The aim of this study is an empirical evaluation and comparison of Poland’s economic transformation in 1989-2008 against the background of the results achieved in the same period by Hungary, the Czech Republic, the Slovak Republic, Lithuania, and the Ukraine. I have focused on the most...
Persistent link: https://www.econbiz.de/10009328118
analysis uncovers a complex pattern of divergence and convergence for these componentsÕ evolution. Development is not a smooth …) Absolute divergence/convergence for the HDI components is decomposed using simultaneous growth regressions including a full set … process but consists of a series of superposed transitions each taking off with increasing divergence and then converging. 2 …
Persistent link: https://www.econbiz.de/10008673311
Persistent link: https://www.econbiz.de/10010797778
methodologies considered, with the indicators used and with the periods analysed, the results of the studies on convergence in the … European Union are often ambiguous. Some of them support the existence of convergence, others conclude that a convergence … process is not yet demonstrated and some authors point out that there is a divergence process. Using the Lorenz curve model …
Persistent link: https://www.econbiz.de/10010604362
Convergence is considered to be a fundamental element of the current economic literature and at the same time of the … characterize the modern economies. Relating convergence to economic growth is considered to be an extremely debated subject that … determines a series of interpretations. Th e existence of convergence throughout the economies was tested in order to establish …
Persistent link: https://www.econbiz.de/10010968917