3 edition of Economic growth and convergence found in the catalog.
Economic growth and convergence
by Economic Research Forum for the Arab Countries, Iran & Turkey in Cairo
Written in English
Microfiche. New Delhi : Library of Congress Office ; Washington, D.C. : Library of Congress Photoduplication Service, 2011. 1 microfiche. Master microform held by: DLC.
|Statement||Aysit Tansel & Nil Demet Güngör|
|Series||Working paper series -- 9908|
|LC Classifications||Microfiche 2011/52082 (H)|
|The Physical Object|
|Number of Pages||41|
|LC Control Number||2011334758|
In economic growth literature the term "convergence" can have two meanings. The first kind (sometimes called "sigma-convergence") refers to a reduction in the dispersion of levels of income across economies. "Beta-convergence" on the other hand, occurs when poor economies grow faster than rich ones. This paper examines the role of individual instruction and teacher quality in determining economic growth and convergence across school districts. The model shows that if teacher quality is more important for human capital accumulation than individual instruction, human capital convergence will occur between two school districts. This convergence arises because a poor school district hires Cited by:
This lecture describes how the recent period of growth in developing countries is leading to a convergence with the advanced countries, or developed world. He lays out a framework for how the global economy will develop over the next fifty years, and offers much needed wisdom on how to sustain economic growth in advanced and developing countries. The future of economic convergence Growth in traditional labor- and capital-augmenting technological progress, or in labor-displacing progress, would increase output, but growth in the latter.
I am a Professor and Chair of the Economics Department at the University of Houston. I write the Growth Economics Blog. Subscribe via RSS feed, Email, or Twitter. I've also written a few books. Fully Grown is about the recent growth slowdown, and Intro to Economic Growth is an undergrad textbook on economic growth. Click on a cover to jump to. Open a book — any book —on the economics of developing countries, and it will begin with the usual litany of woes. Developing countries, notwithstanding the enormous strides they have made in the last few decades, display fundamental economic inadequacies in a wide range of indicators. Levels of physical capital per person are small.
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Throughout the book, the leading leitmotiv is the issues of economic governance and leadership in this new era of convergence. Economic growth dynamics is sometimes subject to hitherto rather unexplained statistical by: The neoclassical growth consensus uses the aggregate production function to suggest that the period of modern economic growth came about because of increases in inputs such as technology and physical and human capital.
Also important was the way in which technological progress combined with physical and human capital deepening to create growth and convergence. Regional Policy, Economic Growth and Convergence Lessons from the Spanish Case. Editors: Cuadrado-Roura, Juan R.
(Ed The aim of this book is not only to analyze the regional policies practiced, their objectives, instruments and effects, but to provide an in-depth analysis on the impact of investments in infrastructure, human capital and.
Economic growth, convergence, and world food demand and supply. The objective of this paper is to explore the evolution of world food demand and supply toextending a simple econometric model developed by Fukase and Martin ().
In Fukase and Martin (), this model allowed us to assess the prospects for. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the s and Cass-Koopmans in the s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households/5(16).
The Next Convergence: The Future of Economic Growth in a Multispeed World. In This Section. part of the world’ s population started to experience extraordinary economic growth leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world.
After reading this book I realize that he. The lower rate of convergence would lead to a lower average annual world GDP growth rate of percent. With relatively low economic growth and convergence rate, the net impact on price increase would be percentage points relative to the uniform growth scenario, about a half compared to the scenario with SSP2 convergence rate.
NBER Program(s):Economic Fluctuations and Growth From the perspective of conditional convergence, China’s GDP growth rate since has been surprisingly high. However, China cannot deviate forever from the global historical experience, and the per capita growth rate is likely to fall soon from around 8% per year to a range of 3 4%.
Regional Policy, Economic Growth and Convergence Lessons from the Spanish Case. Editors (view affiliations) The aim of this book is not only to analyze the regional policies practiced, their objectives, instruments and effects, but to provide an in-depth analysis on the impact of investments in infrastructure, human capital and other.
Economic Growth and Convergence across The United States Robert J. Barro, Xavier Sala-i-Martin. NBER Working Paper No. Issued in August NBER Program(s):Economic Fluctuations and Growth A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are there automatic forces that lead to convergence over time in levels of per capita income and Cited by: D.
Growth Regressions and Convergence Baumol, William J., “Productivity Growth, Convergence and Welfare: What the Long-Run Data Show,” American Economic Review, December76, –File Size: 53KB. Capital utilization, economic growth and convergence | Santanu Chatterjee | download | BookSC.
Download books for free. Find books. Economic Convergence and Divergence in Europe will be of interest to economists and researchers of regional and European studies, particularly those with a focus on integration. Its accessible and non-technical approach assures its appeal 4/5(1). I.1 The Importance of Growth.
To think about the importance of economic growth, we begin by assessing the long-term performance of the U.S. economy. The real per capita gross domestic product (GDP) in the United States grew by a factor of 10 from $ File Size: KB.
The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research.
After an introductory discussion of economic growth, the book examines neoclassical growth theories. Additional Physical Format: Online version: Barro, Robert J. Economic growth and convergence.
San Francisco: ICS Press, © (OCoLC) Document Type. development within the context of a theory of economic growth. The assumption that there is a uniquely correct or at least a uniquely appropriate definition of economic growth, openly invites a very fundamental type of criticism.
Economists and other social scientists jealously guard their right to define concepts as they see fit. What this book instead gives you is a collection of well written essays, binded by the theme of economic growth.
Delves objectively on the past and present of it and in the last section, covers some of the factors that could be significant in shaping the future of it/5. One problem with the β-convergence literature there is a general fail-ure to develop tests of the convergence hypothesis that discriminate between convergent economic models and a rich enough set of non-converging alterna-tives.
For example, while βgrowth modelFile Size: KB. Economic Growth and Convergence across the OIC Countries: An Econometric Framework May 1 OIC Outlook | Current Stance of Energy 1.
Introduction There has been considerable empirical work on cross-country growth for the last two decades. On the one hand, there were studies done on the basis of pre-existing models of growth in. Since economic growth in these countries has exceeded the average of the world’s high-income economies, these countries may converge with the high-income countries.
The second part of Table 1 lists the “slow growth club,” which consists of countries that averaged GDP growth of 2% per year or less (after adjusting for inflation) during the.Origins of Today’s Income Diﬀerences and World Economic Growth 12 Conditional Convergence 16 Correlates of Economic Growth 20 From Correlates to Fundamental Causes 22 The Agenda 25 References and Literature 27 Chapter 2.
The Solow Growth Model 31 The Economic Environment of the Basic Solow Model 32 nomic growth may grow as future decades add to our data samples. B. Growth Accounting Methodology of growth accounting One of the earliest attempts to quantify economic growth empirically was the direct attempt to determine how much of economic growth can be explained by in-creases in various inputs.
This exercise is called growth accounting.