Showing 1 - 3 of 3
technology is exogenous in the Solow model, all of the endogenous convergence dynamics take place through the adjustment of the … convergence of economies towards their steady-state paths. We find that the conditional convergence speed is about seven percent … panel econometric techniques produce downward-biased estimates of convergence speeds, while our approach does not. …
Persistent link: https://www.econbiz.de/10009475715
differentials. In addition, the commonly cited empirical result that the speed of conditional convergence is slower than predicted …
Persistent link: https://www.econbiz.de/10009475716
convergence.Seeking to fulfill the tasks of investigation the following methods of analysis were used: nonfiction, press … demographic dividend had negative impact. We say that there is beta-convergence over the period 1995-2006, but it is getting much … in different regions and at the same to reduce backwardness, to stimulate convergence it is essential to stimulate growth …
Persistent link: https://www.econbiz.de/10009478338