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Convergence Clubs in Labor Productivity and its Proximate Sources = Evidence from Developed and Developing Countries /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Convergence Clubs in Labor Productivity and its Proximate Sources/ by Carlos Mendez.
其他題名:	Evidence from Developed and Developing Countries /
作者:	Mendez, Carlos.
面頁冊數:	XII, 67 p. 39 illus., 36 illus. in color.online resource. :
Contained By:	Springer Nature eBook
標題:	Applied Statistics. -
電子資源:	https://doi.org/10.1007/978-981-15-8629-3
ISBN:	9789811586293

Convergence Clubs in Labor Productivity and its Proximate Sources = Evidence from Developed and Developing Countries /
Mendez, Carlos.

Convergence Clubs in Labor Productivity and its Proximate SourcesEvidence from Developed and Developing Countries /[electronic resource] :by Carlos Mendez. - 1st ed. 2020. - XII, 67 p. 39 illus., 36 illus. in color.online resource. - SpringerBriefs in Economics,2191-5504. - SpringerBriefs in Economics,.

1 Introduction -- 2 The Data: Productivity and Capital Differences across Countries and over Time -- 3 Two Complementary Frameworks to Study Convergence Clubs -- 4 Convergence Clubs in Labor Productivity -- 5 Convergence Clubs in Physical and Human Capital -- 6 Convergence Clubs in Total Factor Productivity -- 7 Accounting for Convergence Clubs -- 8 Conclusion.

Testing 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.

ISBN: 9789811586293

Standard No.: 10.1007/978-981-15-8629-3doiSubjects--Topical Terms:

1205141
Applied Statistics.

LC Class. No.: HD72-88

Dewey Class. No.: 338.9

Convergence Clubs in Labor Productivity and its Proximate Sources = Evidence from Developed and Developing Countries /
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