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The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly inspired by endogenous growth theories, the...
Persistent link: https://www.econbiz.de/10010306300
Literature on convergence among Latin American countries is still scarce compared to other regions. Moreover, almost … none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of … convergence. In this paper I analyze 32 countries and 108 years, more observations than any other study. This long span of data …
Persistent link: https://www.econbiz.de/10008641806
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011789704
achieved mostly sustained convergence with Western Europe. Many EU-CEE countries have overtaken Southern EU member states in … more sustained and sustainable rate of convergence with Western Europe in the coming decades. We find that governments in …
Persistent link: https://www.econbiz.de/10013429077
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011412222
Persistent link: https://www.econbiz.de/10012792433
Sixty years after its entry in academic circles, development economics has now been mainstreamed in economics. It has proven itself in placing articles in top economic journals, in mobilizing a vast membership of students and researchers, in receiving important financial contributions from...
Persistent link: https://www.econbiz.de/10011187681
This article by Edward N. Wolff of New York University examines trends in convergence in OECD countries toward U … investment, education, and R&D in OECD countries accounting for the catch-up. The process of convergence seems to have ended in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976
We study the hypothesis of convergence amongst Mexican regions since 1940 with special interest in the post …-trade liberalization period. A standard time-series convergence test shows that per capita income levels between the capital and the rest … of the regions tend to narrow over time. Using the concept of deterministic and stochastic convergence, we describe the …
Persistent link: https://www.econbiz.de/10011107735
We examine the behavior of output disparities of Mexican regions relative to the richest region, the Capital, during the period 1940-2009, and the dynamics of the output gap series of the U.S.-Mexico border region. Our estimations suggest that whilst other Mexican regions have been catching up...
Persistent link: https://www.econbiz.de/10011082562