Convergence Clubs in Labor Productivity and its Proximate Sources

Evidence from Developed and Developing Countries de

Éditeur :

Springer


Collection :

SpringerBriefs in Economics

Paru le : 2020-11-05

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Description


Testing for economic convergence across countries has been a central issue in the literature of economic growth and development. This book introduces a modern framework to study the cross-country convergence dynamics in labor productivity and its proximate sources: capital accumulation and aggregate efficiency. In particular, recent convergence dynamics of developed as well as developing countries are evaluated through the lens of a non-linear dynamic factor model and a clustering algorithm for panel data. This framework allows us to examine key economic phenomena such as technological heterogeneity and multiple equilibria. In this context, the book provides a succinct review of the recent club convergence literature, a comparative view of developed and developing countries, and a tutorial on how to implement the club convergence framework in the statistical software Stata.
Pages
67 pages
Collection
SpringerBriefs in Economics
Parution
2020-11-05
Marque
Springer
EAN papier
9789811586286
EAN PDF
9789811586293

Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
6
Taille du fichier
3656 Ko
Prix
52,74 €
EAN EPUB
9789811586293

Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
6
Taille du fichier
18258 Ko
Prix
52,74 €