المستودع الأكاديمي جامعة المدينة

Convergence Across Countries and Regions: Theory and Empirics [Revised Version]

أعرض تسجيلة المادة بشكل مبسط

dc.creator Fuente, Ángel de la
dc.date 2007-11-06T07:54:39Z
dc.date 2007-11-06T07:54:39Z
dc.date 2002-11-20
dc.date.accessioned 2017-01-31T00:58:02Z
dc.date.available 2017-01-31T00:58:02Z
dc.identifier http://hdl.handle.net/10261/1857
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1857
dc.description This paper was prepared for a conference on "Growth, capital and new technologies" organized by the Instituto Valenciano de Investigaciones Económicas. A previous version was published in EIB Papers/BEI Cahiers 5(2), 2000, pp. 25-46.
dc.description This paper surveys the recent literature on convergence across countries and regions. I discuss the main convergence and divergence mechanisms identified in the literature and develop a simple model that illustrates their implications for income dynamics. I then review the existing empirical evidence and discuss its theoretical implications. Early optimism concerning the ability of a human capital-augmented neoclassical model to explain productivity differences across economies has been questioned on the basis of more recent contributions that make use of panel data techniques and obtain theoretically implausible results. Some recent research in this area tries to reconcile these findings with sensible theoretical models by exploring the role of alternative convergence mechanisms and the possible shortcomings of panel data techniques for convergence analysis.
dc.description Financial support from the European Fund for Regional Development, Fundación Caixa Galicia and the Spanish Ministry of Science and Technology (under grant SEC2002-01612) is gratefully acknowledged.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 555.02
dc.rights openAccess
dc.subject Convergence
dc.subject Growth
dc.title Convergence Across Countries and Regions: Theory and Empirics [Revised Version]
dc.type Documento de trabajo


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط