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010   $a3-319-13635-6
024 7 $a10.1007/978-3-319-13635-6
035   $a(CKB)3710000000324629
035   $a(EBL)1968529
035   $a(OCoLC)908089959
035   $a(SSID)ssj0001407883
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035   $a(PQKBTitleCode)TC0001407883
035   $a(PQKBWorkID)11432054
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035   $a(DE-He213)978-3-319-13635-6
035   $a(MiAaPQ)EBC1968529
035   $a(PPN)183150260
035   $a(EXLCZ)993710000000324629
100   $a20141227d2015      u|         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aConvergence in Output and Its Sources Among Industrialised Countries $eA Cross-Country Time-Series Perspective /$fby Macarena Hernández Salmerón, Diego Romero-Ávila
205   $a1st ed. 2015.
210  1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015.
215   $a1 online resource (79 p.)
225 1 $aSpringerBriefs in Economics,$x2191-5504
300   $aDescription based upon print version of record.
311   $a3-319-13634-8 
320   $aIncludes bibliographical references.
327   $aIntroduction -- Model Specification and Data -- Econometric Methods -- Empirical Results -- PANIC Approach -- PANIC Results -- Concluding Remarks.
330   $aThis book investigates the existence of stochastic and deterministic convergence of real output per worker and the sources of output (physical capital per worker, human capital per worker, total factor productivity ?TFP? and average annual hours worked) in 21 OECD countries over the period 1970-2011. Towards this end, the authors apply a large battery of panel unit root and stationarity tests, all of which are robust to the presence of cross-sectional dependence. The evidence fails to provide clear-cut evidence of convergence dynamics either in real GDP per worker or in the series of the sources of output. Due to some limitations associated with second-generation panel unit root and stationarity tests, the authors further use the more flexible PANIC approach which provides evidence that real GDP per worker, real physical capital per worker, human capital and average annual hours exhibit some degree of deterministic convergence, whereas TFP series display a high degree of stochastic convergence.
410  0$aSpringerBriefs in Economics,$x2191-5504
606   $aMacroeconomics
606   $aEconometrics
606   $aLabor economics
606   $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000
606   $aEconometrics$3https://scigraph.springernature.com/ontologies/product-market-codes/W29010
606   $aLabor Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W37000
615  0$aMacroeconomics.
615  0$aEconometrics.
615  0$aLabor economics.
615 14$aMacroeconomics/Monetary Economics//Financial Economics.
615 24$aEconometrics.
615 24$aLabor Economics.
676   $a331
700   $aHernández Salmerón$b Macarena$4aut$4http://id.loc.gov/vocabulary/relators/aut$01064041
702   $aRomero-Ávila$b Diego$4aut$4http://id.loc.gov/vocabulary/relators/aut
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910298493803321
996   $aConvergence in Output and Its Sources Among Industrialised Countries$92536079
997   $aUNINA