Showing 1 - 10 of 3,885
We test the relationship between the size of regional trade agreements (RTA) and openness by using a gravity equation with multilateral trade factors. Our sample includes eleven RTAs, seven with constant membership and four with expanding membership. Regional trade bias declines with the size of...
Persistent link: https://www.econbiz.de/10005453622
Persistent link: https://www.econbiz.de/10005013186
deviation from its balanced growth path. However, the panel data exploration of convergence could not explain the catching up … phenomenon. To see whether poorer regions can grow faster than richer ones, sigma and absolute beta divergence have been employed …
Persistent link: https://www.econbiz.de/10005482348
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …&D expenditures in the world's seven major industrialized countries between 1970 and 1995. First, I find that the scope of technology …
Persistent link: https://www.econbiz.de/10005497902
This paper compares relative unit labour cost developments in the countries of the euro-area since the beginning of the European Monetary Union (EMU) both with historical developments and with intra-regional unit labour cost developments in the United States of America and Germany. To this end,...
Persistent link: https://www.econbiz.de/10005405234
. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …
Persistent link: https://www.econbiz.de/10005407627
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive "V"-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output figures, but also as the primary determinant of long-term movements in the cross-sectional...
Persistent link: https://www.econbiz.de/10004979330
In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58–67, it was noted that there was considerable variation in the extent to which different Indian states participated in the Great Indian Growth Turnaround. In this paper it is investigated whether there was any...
Persistent link: https://www.econbiz.de/10011133233
We investigate the efficiency of the Dickey-Fuller (DF) test as a tool to examine the convergence hypothesis. In doing … deterministic and stochastic trends. This issue may explain the lack of support for the convergence hypothesis in the aforementioned …
Persistent link: https://www.econbiz.de/10011107709
, history and culture. It attributes to discussion on convergence and divergence by appraising traditional values’ impact on … in Turkey. The paper suggests directional convergence’s presence, which means corporations in Turkey follow constant … HRM practices in Turkey, decreasing the likelihood of full convergence. HR practices and literature is dominated by U …
Persistent link: https://www.econbiz.de/10011258690