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analysis for 1950-2007 for seven regions in the world, showing that for Latin America and the Caribbean convergence results … withstanding the negative effects of contractions and ‘bad’ at taking advantage of expansions to achieve convergence with the …
Persistent link: https://www.econbiz.de/10008645131
This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...
Persistent link: https://www.econbiz.de/10009291558
This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …
Persistent link: https://www.econbiz.de/10011048966
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins by describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly inspired by endogenous growth theories, the neoclassical...
Persistent link: https://www.econbiz.de/10008794465
We reassess convergence of income across countries and its determinants. The ergodic distribution of output per worker …
Persistent link: https://www.econbiz.de/10010572262
This study analyzes the time stability of both the GDP beta convergence and the impact of monetary policy variables on … – at 3% p.a. (2) The pure mechanism of conditional convergence of the countries under study was rather constant over time …
Persistent link: https://www.econbiz.de/10010608055
-2007. Despite convergence is usually found to occur conditionally to economy-wide factors, this study reveals a clear process of … unconditional convergence for nancial and business-related market services. Indeed this sector is more likely to be characterised by …
Persistent link: https://www.econbiz.de/10010940434
understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some …
Persistent link: https://www.econbiz.de/10010941536
This paper describes the dynamics of economic performance for the sub-national Mexican states from 1970 to 2006; the state variables used are the levels and the growth rates of per capita GDP. The authors situate this approach in a conceptual and methodological panorama of the existent literature....
Persistent link: https://www.econbiz.de/10010823175
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the … research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence … study, which allows me to use chronological events to explain, analyze and validate the historical convergence clubs in …
Persistent link: https://www.econbiz.de/10010326927