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Convergence clubs in labor productiv...
~
Mendez, Carlos.
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Convergence clubs in labor productivity and its proximate sources = evidence from developed and developing countries /
Record Type:
Electronic resources : Monograph/item
Title/Author:
Convergence clubs in labor productivity and its proximate sources/ by Carlos Mendez.
Reminder of title:
evidence from developed and developing countries /
Author:
Mendez, Carlos.
Published:
Singapore :Springer Singapore : : 2020.,
Description:
xii, 67 p. :ill., digital ;24 cm.
[NT 15003449]:
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.
Contained By:
Springer Nature eBook
Subject:
Labor productivity. -
Online resource:
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 sources
evidence from developed and developing countries /[electronic resource] :by Carlos Mendez. - Singapore :Springer Singapore :2020. - xii, 67 p. :ill., digital ;24 cm. - 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:
591609
Labor productivity.
LC Class. No.: HC79.L3
Dewey Class. No.: 331.118
Convergence clubs in labor productivity and its proximate sources = evidence from developed and developing countries /
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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.
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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.
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