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Paperback Convergence Clubs in Labor Productivity and Its Proximate Sources: Evidence from Developed and Developing Countries Book

ISBN: 9811586284

ISBN13: 9789811586286

Convergence Clubs in Labor Productivity and Its Proximate Sources: Evidence from Developed and Developing Countries

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...

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