This paper constructs a stochastic growth model that anchors on technology diffusion and improvement in social … infrastructure to explain the growth of developing countries. The model is based on the technological diffusion model by Barro and … model is able to explain the various economic growth and transition phases of developing economies. Technology diffusion is …

the reasons behind Ireland's growth paints a somewhat pessimistic picture for Latvia: Many features have long been …

indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in African countries, disaggregated into 11 …, while human development supports the exogenous growth model and rejects the endogenous theory, its income component suggests …

Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …

once again the issue of convergence inside the European Union. The high growth rates experienced by CEEC during the last … decade created an optimistic view of rapid convergence towards Western Europe. But the crisis showed that the sources of … economic growth in the region were not appropriate for a long run growth. Innovation is a key source of competitiveness and a …

This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …

-country growth regressions. When the time series are persistent, the first-differenced GMM estimator can be poorly behaved, since …-differenced GMM in our estimation of an empirical growth model. …

generations, and within the next few generations, across regions of the world? How should the intergenerational and inter-regional … sustainability. With respect to the inter-regional issue, we do not take a fundamentally normative approach, but rather a political …

This paper examines the per capita income convergence process among 23 Argentinian provinces over the period 1983 … conditional convergence process between Argentinian provinces and a positive and significant impact of agglomeration variables on … growth rate. Hence, our results show that ignoring spatial distortions due to geographic proximity misleads estimations and …

In this article it is investigated the subject of real convergence of Central and Eastern European countries on the … basis of some theories and models used in the analysis of this process, also the effects of recent crisis upon convergence …, the latest results of real convergence and the deficiencies of policies and governance in this field. It is presented EU …