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How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This Paper compares the integration of rice markets in...
Persistent link: https://www.econbiz.de/10005136759
analysis uncovers a complex pattern of divergence and convergence for these componentsÕ evolution. Development is not a smooth …) Absolute divergence/convergence for the HDI components is decomposed using simultaneous growth regressions including a full set … process but consists of a series of superposed transitions each taking off with increasing divergence and then converging. 2 …
Persistent link: https://www.econbiz.de/10008673311
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the … research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence … study, which allows me to use chronological events to explain, analyze and validate the historical convergence clubs in …
Persistent link: https://www.econbiz.de/10010326927
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011789704
Literature on convergence among Latin American countries is still scarce compared to other regions. Moreover, almost … none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of … convergence. In this paper I analyze 32 countries and 108 years, more observations than any other study. This long span of data …
Persistent link: https://www.econbiz.de/10008641806
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the … research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence … study, which allows me to use chronological events to explain, analyze and validate the historical convergence clubs in …
Persistent link: https://www.econbiz.de/10009018970
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011412222
There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on the process of economic development. However, controversy arises if this effect is permanent. In this sense, the key point is the embodied technological progress and whether...
Persistent link: https://www.econbiz.de/10011015258
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...
Persistent link: https://www.econbiz.de/10011725590
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...
Persistent link: https://www.econbiz.de/10011703225