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Convergence Clubs in Labor Productivity and its Proximate Sources

- Evidence from Developed and Developing Countries
Af: Carlos Mendez Engelsk Paperback

Convergence Clubs in Labor Productivity and its Proximate Sources

- Evidence from Developed and Developing Countries
Af: Carlos Mendez Engelsk Paperback
Tjek vores konkurrenters priser

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.

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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.

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


Kategori Makroøkonomi


ISBN-13 9789811586286


Sprog Engelsk


Indbinding Paperback


Sider 67


Udgave


Længde 0mm


Bredde 155mm


Højde 235mm


Udg. Dato 6 nov 2020


Oplagsdato 6 nov 2020


Forlag Springer Verlag, Singapore

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