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000946119 019__ $$a1206396573$$a1223092203$$a1224361250$$a1225898629
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000946119 1001_ $$aMENDEZ, CARLOS.
000946119 24510 $$aCONVERGENCE CLUBS IN LABOR PRODUCTIVITY AND ITS PROXIMATE SOURCES :$$bevidence from developed and developing countries.
000946119 260__ $$a[S.l.] :$$bSPRINGER VERLAG, SINGAPOR,$$c2020.
000946119 300__ $$a1 online resource
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000946119 4901_ $$aSpringerBriefs in Economics Ser.
000946119 5050_ $$aIntro -- Preface -- Acknowledgements -- Contents -- 1 Introduction and Overview -- 1.1 Purpose and Research Questions -- 1.2 A First Overview of the Data -- 1.2.1 Labor Productivity Differences Across Countries and Over Time -- 1.2.2 Are There Any Signs of Productivity Convergence? -- References -- 2 Measuring Labor Productivity and Its Proximate Sources -- 2.1 A Production Function Approach -- 2.2 A Database to Study Labor Productivity Across Countries -- 2.2.1 Measuring Labor Productivity -- 2.2.2 Measuring the (Physical) Capital-Output Ratio -- 2.2.3 Measuring Human Capital Per Worker
000946119 5058_ $$a2.2.4 Measuring Aggregate Efficiency -- References -- 3 A Modern Framework to Study Convergence -- 3.1 Classical Beta Convergence Approach: Technological Homogeneity and a Unique Equilibrium -- 3.2 Modern Club Convergence Approach ... -- 3.3 Finding Convergence Clubs: A Clustering Algorithm For Panel Data -- 3.4 Brief Overview of the Club Convergence Literature -- 3.5 Convergence Test and Identification of Clubs Using Stata -- References -- 4 Convergence Clubs in Labor Productivity -- 4.1 Testing for Overall Convergence -- 4.2 Finding Local Convergence Clubs
000946119 5058_ $$a4.3 Transition Paths of the Convergence Clubs -- References -- 5 Convergence Clubs in Physical and Human Capital -- 5.1 Physical Capital Ratio -- 5.1.1 Testing for Overall Convergence -- 5.1.2 Finding Local Convergence Clubs in Developed Countries -- 5.1.3 Transition Paths of the Convergence Clubs in Developed Countries -- 5.2 Human Capital Per Worker -- 5.2.1 Testing for Overall Convergence -- 5.2.2 Finding Local Convergence Clubs -- 5.2.3 Transition Paths of the Convergence Clubs -- References -- 6 Convergence Clubs in Aggregate Efficiency -- 6.1 Testing for Overall Convergence
000946119 5058_ $$a6.2 Finding Local Convergence Clubs -- 6.3 Transition Paths of the Convergence Clubs -- References -- 7 Concluding Remarks -- 7.1 Summing Up All Findings -- 7.2 Some Methodological Takeaways -- 7.3 New Research Directions -- References -- Appendix A List of Developed Countries and Their Convergence Clubs -- Appendix B List of Developing Countries and Their Convergence Clubs
000946119 506__ $$aAccess limited to authorized users.
000946119 520__ $$aTesting for economic convergence across countries has been a central issue in the literature of economic growth and development. This book introduces a modern framework to study the cross-country convergence dynamics in labor productivity and its proximate sources: capital accumulation and aggregate efficiency. In particular, recent convergence dynamics of developed as well as developing countries are evaluated through the lens of a non-linear dynamic factor model and a clustering algorithm for panel data. This framework allows us to examine key economic phenomena such as technological heterogeneity and multiple equilibria. In this context, the book provides a succinct review of the recent club convergence literature, a comparative view of developed and developing countries, and a tutorial on how to implement the club convergence framework in the statistical software Stata.
000946119 650_0 $$aEconomic development.
000946119 650_0 $$aDevelopment economics.
000946119 650_0 $$aEconomic history.
000946119 650_0 $$aMacroeconomics.
000946119 650_0 $$aStatistics.
000946119 77608 $$iPrint version: $$z9811586284$$z9789811586286$$w(OCoLC)1182852053
000946119 830_0 $$aSpringerBriefs in Economics Ser.
000946119 852__ $$bebk
000946119 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-981-15-8629-3$$zOnline Access$$91397441.1
000946119 909CO $$ooai:library.usi.edu:946119$$pGLOBAL_SET
000946119 980__ $$aEBOOK
000946119 980__ $$aBIB
000946119 982__ $$aEbook
000946119 983__ $$aOnline
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