Showing 81 - 90 of 15,094
"Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September …
Persistent link: https://www.econbiz.de/10011274911
We show that the use of pooled and panel data in estimating convergence across countries (or other territorial areas …) may involve some pitfalls since this type of data cannot properly distinguish between actual convergence and the … possibility of decreasing growth rates over time within each country (or geographical unit). We also show how the possible bias in …
Persistent link: https://www.econbiz.de/10005248545
Augmented Dickey Fuller (ADF) and Kalman filter convergence tests are applied to annual GDPs per head to 16 … industrialised countries from 1890 to 1989. Results favour convergence towards the US with a structural break following the Second … World War. Estimates suggest that steady-states were higher after the war and that speeds of convergence are different …
Persistent link: https://www.econbiz.de/10005382148
Persistent link: https://www.econbiz.de/10005382402
growth and new data sets (Larson and al., 1999) as a guide, this study finds some empirical regularities between agricultural … labour productivity growth, investment and education, as also for environmental factors, for 44 countries during the period … labour productivity grows faster. Secondly, geographical factors as well as freer trade influence growth. Finally, we find …
Persistent link: https://www.econbiz.de/10005320438
This paper studies the effects of industrialization on growth and convergence dynamics in Italy. We propose a semi …-parametric procedure linking growth theory with density-type studies on convergence. Our analysis suggests that absolute convergence … processes do not necessarily exclude dynamics of club convergence and vice-versa. Growth and convergence processes should be …
Persistent link: https://www.econbiz.de/10005328541
capital utilization to the Solow model implies a rate of convergence in line with empirical estimates and that controlling for … capital utilization has important consequences for the results stemming from cross-country growth and levels accounting. …
Persistent link: https://www.econbiz.de/10005087004
This paper considers how specific the Chinese growth experience is in the convergence debate. It shows the location of … China within the cross-country relations of (absolute and conditional) convergence and its move since the transition period …. Then it evidences a cross-province relation of convergence within China, stronger if this is conditional than absolute …
Persistent link: https://www.econbiz.de/10005016454
geography. The same economic forces influence simulataneously growth, convergence, and spatial agglomeration and clustering …This paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global … egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10005016794
. We assess the role of these external effects in explaining growth and economic convergence. We present a simple growth …Recent theoretical models of economic growth have emphasised the role of external effects on the accumulation of …
Persistent link: https://www.econbiz.de/10005022389