LEADER 02776nam 2200493 450 001 9910468240903321 005 20230823001918.0 010 $a981-15-8629-2 024 7 $a10.1007/978-981-15-8629-3 035 $a(CKB)4100000011558594 035 $a(MiAaPQ)EBC6386038 035 $a(DE-He213)978-981-15-8629-3 035 $a(EXLCZ)994100000011558594 100 $a20210330d2020 uy 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aConvergence clubs in labor productivity and its proximate sources $eevidence from developed and developing countries /$fCarlos Mendez 205 $a1st ed. 2020. 210 1$aCham, Switzerland :$cSpringer,$d[2020] 210 4$dİ2020 215 $a1 online resource (XII, 67 p. 39 illus., 36 illus. in color.) 225 1 $aSpringerBriefs in Economics 311 $a981-15-8628-4 327 $a1 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. 330 $aTesting for economic convergence across countries has been a central issue in the literature of economic growth and development. This book introduces a modern framework to study the cross-country convergence dynamics in labor productivity and its proximate sources: capital accumulation and aggregate efficiency. In particular, recent convergence dynamics of developed as well as developing countries are evaluated through the lens of a non-linear dynamic factor model and a clustering algorithm for panel data. This framework allows us to examine key economic phenomena such as technological heterogeneity and multiple equilibria. In this context, the book provides a succinct review of the recent club convergence literature, a comparative view of developed and developing countries, and a tutorial on how to implement the club convergence framework in the statistical software Stata. 410 0$aSpringerBriefs in economics. 606 $aLabor productivity 606 $aConvergence (Economics) 606 $aEconomic development 615 0$aLabor productivity. 615 0$aConvergence (Economics) 615 0$aEconomic development. 676 $a658.314 700 $aMe?ndez$b Carlos$0856372 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910468240903321 996 $aConvergence clubs in labor productivity and its proximate sources$91912489 997 $aUNINA