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Persistent link: https://www.econbiz.de/10005607499
terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … natural economic integration among them so far. Certain levels of convergence occurred only for a limited number of countries …
Persistent link: https://www.econbiz.de/10005124389
beta convergence indicates convergence only for privatization (measured by public employment) and for subsidization …
Persistent link: https://www.econbiz.de/10010719643
. While the primary measure for convergence and catching up is per capita output, we also look at other macroeconomic … studies of convergence between regions of reunified Germany, our approach is purely based upon the time series dimension and … process. In our analysis, we find evidence of catching up for East Germany for most of the indicators. However, convergence …
Persistent link: https://www.econbiz.de/10010271406
!convergence panel regressions may produce biased evidence, due to their inability to distinguish between actual catching-up across …. The results confirm the conjecture that traditional evidence about - convergence may be misleading; they also show that …
Persistent link: https://www.econbiz.de/10010335263
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample of 143 countries, observed during the period 1980-95....
Persistent link: https://www.econbiz.de/10011325125
convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …In examining some big questions on African development, we provide evidence that dynamics of some development …
Persistent link: https://www.econbiz.de/10011390790
the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …. Policies to induce external financial flows are not enough for development if absorptive capacity is low. More policy …
Persistent link: https://www.econbiz.de/10011390935
, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …
Persistent link: https://www.econbiz.de/10011984282
robots replace low-skilled labour. We showthat this has potential non-linear effects on?-convergence and that the model is …
Persistent link: https://www.econbiz.de/10012037424