Convergence Revisited
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Convergence Revisited
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Author : Charles Irving Jones
language : en
Publisher:
Release Date : 1995
Convergence Revisited written by Charles Irving Jones and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Convergence Revisited
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Author : Charles I. Jones
language : en
Publisher:
Release Date : 2013
Convergence Revisited written by Charles I. Jones and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The recent literature on convergence has departed from the earlier literature by focusing on the shape of the production function and the rate at which an economy converges to its own steady state. This paper uses advances from the recent literature to look back at the question that originally motivated the convergence literature: what will the steady state distribution of per capita income look like? Several results are highlighted by the analysis. First, ignoring changes in technology levels over time, the long-run distribution is likely to be broadly similar to the 1990 distribution; the main exception is at the top of the distribution, where a number of NICs and industrialized countries continue to catch up to or even overtake the U.S. Second, differences in total factor productivity levels across economies are substantial--roughly the same magnitude as differences in per capita incomes. Third, TFP convergence would result in substantial changes in the income distribution. Finally, there is little reason to expect that the U.S. will maintain its position as world leader in terms of output per worker.
Convergence Revisited
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Author : Joseph Scanlon
language : en
Publisher:
Release Date : 1992
Convergence Revisited written by Joseph Scanlon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Collective behavior categories.
Conditional Convergence Revisited
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Author :
language : en
Publisher:
Release Date : 2006
Conditional Convergence Revisited written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Convergence And Modernization Revisited
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Author : Robert Joseph Barro
language : en
Publisher:
Release Date : 2012
Convergence And Modernization Revisited written by Robert Joseph Barro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Convergence (Economics) categories.
In an 80-country panel since the 1960s, the convergence rate for per capita GDP is around 1.7% per year. This "beta convergence" is conditional on an array of explanatory variables that hold constant countries' long-run characteristics. The introduction of country fixed effects generates a much higher-and, I argue, misleading-convergence rate. In a much longer time frame-28 countries since 1870-estimation with country fixed effects is more appropriate, and the estimated convergence rate is around 2.4% per year. Combining the point estimates from the post-1960s and post-1870 panels suggests that the conditional convergence rate is between 1.7% and 2.4% per year, an interval that contains the "iron-law" rate of 2%. In the post-1960s panel, estimation without country fixed effects supports the modernization hypothesis, in the form of positive effects of per capita GDP and schooling on democracy and maintenance of law and order. The long-term panel with country fixed effects also supports modernization, in the sense of a positive effect of per capita GDP on the Polity indicator for democracy. A measure of dispersion-the standard deviation of the log of per capita GDP across 25 countries-is reasonably stable since 1870. This lack of "sigma convergence" is consistent with the presence of beta convergence. For 34 countries-including China and India-observed since 1896, the dispersion of per capita GDP declines since the late 1970s, especially when the country data are weighted by population. This sigma convergence reflects particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends in cross-country dispersion are similar for consumption and GDP.
Convergence And Growth
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Author : José Miguel Benavente H.
language : en
Publisher:
Release Date : 2006
Convergence And Growth written by José Miguel Benavente H. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Human Resource Management In The Asia Pacific Region
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Author : Chris Rowley
language : en
Publisher: Routledge
Release Date : 2012-10-12
Human Resource Management In The Asia Pacific Region written by Chris Rowley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-12 with History categories.
HRM (human resource management) suffers from a selective tendancy and ad hoc approach, which misses the historical, paradoxical often incoherent, incompatible and inconsistent nature of the subject. This text reduces this myopia by adding to our knowledge and the milieu within which it operates.
The Management Of Human Resources In The Asia Pacific Region
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Author : Chris Rowley
language : en
Publisher: Routledge
Release Date : 2004-03-18
The Management Of Human Resources In The Asia Pacific Region written by Chris Rowley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-03-18 with Business & Economics categories.
These papers focus upon the need to update knowledge and understanding of Asian human resource management. A model is included that can be used to make a comparative analysis of HRM in the region and to establish the various levels of change that need to be assessed.
Order Convergence And Convergence Almost Everywhere Revisited
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Author : Gerhard Preuß
language : en
Publisher:
Release Date : 2010
Order Convergence And Convergence Almost Everywhere Revisited written by Gerhard Preuß and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
The Convergence Hypothesis Revisited
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Author : Robert Boyer
language : fr
Publisher:
Release Date : 1993
The Convergence Hypothesis Revisited written by Robert Boyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.