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This paper investigates economic convergence in real income per capita between 27 European Union countries. We employ a non-linear latent factor framework to study transitional behavior among economies between 1970 and 2010. Our results offer important insights on the economic catch-up exhibited...
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We construct the world's centers of gravity for human population, GDP and CO2 emissions by taking the best out of five recognized data sources covering the last two centuries. We also propose a more appropriate two-map representation of the location of the center of gravity, which abstracts from...
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Based on required growth rate and actual growth rate, this paper proposes a method to construct measures to indicate … significance; and (3) total factor productivity growth and structural transformation are fundamental drivers for an economy to … escape the MIT. However, earlier industrialization may not generate the expected impact on growth, as the probability of …
Persistent link: https://www.econbiz.de/10011757920
therefore hampers the accumulation of income and capital. I expand Solow's growth model to accommodate green house gases, and …
Persistent link: https://www.econbiz.de/10012695872
therefore hampers the accumulation of income and capital. I expand Solow's growth model to accommodate green house gases, and …
Persistent link: https://www.econbiz.de/10012661102
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