Assunção, Juliano; Burity, Priscilla; Medeiros, Marcelo C. - In: EconomiA 16 (2015) 3, pp. 273-294
In Unconditional Convergence, Rodrik (2011b) documented that manufacturing industries exhibit unconditional convergence … in labor productivity. We provide a novel semi-parametric specification for convergence equations and show that the speed … of convergence varies systematically with country-specific characteristics. We consider the flexible smooth transition …