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This paper adopts a fixed-effect panel methodology that enables us to take into account both TFP and neoclassical convergence. We use a sample of 76 countries, 1960-2003 and estimate TFP values obtained by using different estimators such as LSDV, Kiviet-corrected LSDV, and GMM a la Arellano and...
Persistent link: https://www.econbiz.de/10014215230
In this paper we study two closely related issues. First, the role of technology heterogeneity and diffusion in the convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial pattern of the observed regional heterogeneity in...
Persistent link: https://www.econbiz.de/10014134744
We analyse a world economy composed of a continuum of small countries producing two final goods, the learning-by-doing potentials of which differ significantly. In autarchy, the knowledge accumulated in the high-learning sector spills over into the low-learning one. A steady-state equilibrium...
Persistent link: https://www.econbiz.de/10014063331
This paper proposes a fixed-effect panel methodology based on Islam (2000) to assess the existence of technology convergence across the Italian regions between 1963 and 1993. Our results find strong support to both the presence of TFP heterogeneity across Italian regions and to the hypothesis...
Persistent link: https://www.econbiz.de/10014071846
This paper aims at assessing whether dualistic mechanisms represent a significant component of the aggregate labor productivity convergence observed across the European regions in the 1980s. The potential of an explanation of convergence based in part, at least, on the existence of dualism in...
Persistent link: https://www.econbiz.de/10014073863
We address the problem of measuring, in the absence of reliable indices of technology levels, how much of the convergence we observe is due to convergence in technology or in capital-labour ratios. We first develop a growth model where technology accumulation in lagging economies depends on...
Persistent link: https://www.econbiz.de/10014076937
We address the problem of measuring, in the absence of reliable indexes of technology levels, how much of the convergence we observe is due to convergence in technology or in capital-labour ratios. We first develop a growth model where technology accumulation in lagging economies depends on...
Persistent link: https://www.econbiz.de/10014119391
Persistent link: https://www.econbiz.de/10014337947