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convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
Persistent link: https://www.econbiz.de/10011801809
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
have increased the rate of convergence in per capita incomes across China's provinces. However, the pattern of FDI, which …
Persistent link: https://www.econbiz.de/10013317895
Among the many concerns over globalization is that as nations compete for mobile firms, they will relax labour standards as a method of lowering costs and attracting investment. Using spatial estimation on panel data for 148 developing countries over 18 years, we find that the labour standards...
Persistent link: https://www.econbiz.de/10009732552
The global boom in hydrocarbon, metal and mineral prices since the year 2000 created huge economic rents - rents which, once invested, were widely expected to promote productivity growth in other parts of the booming economies, creating a lasting legacy of the boom years. This paper asks whether...
Persistent link: https://www.econbiz.de/10012999763
integration, so we augment a model of conditional wage convergence through the inclusion of sector-specific broad and narrow … supporting unconditional skill-specific wage convergence in EU sectors. In a conditional setting, (slow) wage convergence takes …
Persistent link: https://www.econbiz.de/10011802179
, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …
Persistent link: https://www.econbiz.de/10012395753
and simulate energy intensity based on a conditional convergence approach, and show how based on the results the long …
Persistent link: https://www.econbiz.de/10012542885
estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560
Persistent link: https://www.econbiz.de/10013274276