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In the field of economics and regional research, income convergence between countries and regions has been analysed since the 1980s. At the beginning of the 21st century, a number of articles addressing income convergence of European Union (EU) countries were published, which was among many...
Persistent link: https://www.econbiz.de/10015190616
The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …
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This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While … interesting contemporaneous patterns in growth data and second, drawing inferences on long-run economic outcomes from cross …-section and temporal variation in growth. We describe the main stylized facts that have motivated the development of growth …
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We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities … growth model. …
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