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Convergence Clubs in Labor Productivity and its Proximate Sources
- Evidence from Developed and Developing Countries
Engelsk Paperback
Convergence Clubs in Labor Productivity and its Proximate Sources
- Evidence from Developed and Developing Countries
Engelsk Paperback

478 kr
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Om denne bog

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.

Product detaljer
Sprog:
Engelsk
Sider:
67
ISBN-13:
9789811586286
Indbinding:
Paperback
Udgave:
ISBN-10:
9811586284
Kategori:
Udg. Dato:
6 nov 2020
Længde:
0mm
Bredde:
155mm
Højde:
235mm
Forlag:
Springer Verlag, Singapore
Oplagsdato:
6 nov 2020
Forfatter(e):
Kategori sammenhænge