Showing 1 - 10 of 79
using a random spatial effect model. We find that migration contributes to convergence in regional skill endowments across …
Persistent link: https://www.econbiz.de/10010293190
using a random spatial effect model. We find that migration contributes to convergence in regional skill endowments across …
Persistent link: https://www.econbiz.de/10010734425
This paper investigates the East African Community (EAC) partner states' readiness for a common currency. It uses … susceptible to asymmetric shocks. Inflation is in the process of converging in EAC, but the speed of convergence is slow. Time is … needed for preparing and for harmonizing policy before adopting the common currency. Adopting a common currency will lead to …
Persistent link: https://www.econbiz.de/10013351749
Vietnam is widely regarded as a success story for its impressive economic growth and poverty reduction in the last few decades. Yet, recent evidence indicates that the country's economic growth has not been uniform. Compiling and analyzing new extensive province-level data from the Vietnam...
Persistent link: https://www.econbiz.de/10014296660
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10010262073
This paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of accumulated experience in the host country; and, (iii) the...
Persistent link: https://www.econbiz.de/10010262081
This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed … convergence of transition countries with developed market economies in a number of dimensions. The pattern of growth at the … activity taking place in 2002, the middle of the period analyzed. Throughout, the regional patterns suggest greater convergence …
Persistent link: https://www.econbiz.de/10010269128
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10010269575
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …
Persistent link: https://www.econbiz.de/10010271756
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups …
Persistent link: https://www.econbiz.de/10010276108