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We use U.S. county-level data consisting of 3,058 observations, to study growth determination and measure the speed of income convergence. County-level data are particularly valuable for studying convergence because they allow us to study a sample with substantial homogeneity and exceptional...
Persistent link: https://www.econbiz.de/10014031089
The problem faced by many of the economies making up the Association of Southeast Asian Nations (ASEAN) is whether they can avoid the middle-income trap and advance to the high-income level. What is needed for them to avoid the middle-income trap? This paper attempts to answer this question by...
Persistent link: https://www.econbiz.de/10013081920
the late 1990s. The paper concludes that for ASEAN middle-income countries (Indonesia, Malaysia, the Philippines, and …
Persistent link: https://www.econbiz.de/10009742011
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run. Secondly, to examine the direction of causality between tourism development and economic growth in Eastern Indonesia … approach from panel data of 12 provinces in eastern Indonesia. The empirical findings of this study were: 1) In the long run …
Persistent link: https://www.econbiz.de/10012835170
We analyze four interrelated aspects of economic convergence and their linkages over the period 1999-2013, drawing on the experiences of 26 member states of the European Union, with special focus on the ten Central and East-European new members (the EU10). These aspects are (1) real economic,...
Persistent link: https://www.econbiz.de/10011333487
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The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We examine whether departures from the frontier are...
Persistent link: https://www.econbiz.de/10010466016
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is applied to 1-digit industries of 14 OECD...
Persistent link: https://www.econbiz.de/10010466017