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[null,null,"Autore",null,"Méndez Carlos"]
[null,null,"Titolo",null,"Convergence clubs in labor productivity and its proximate sources : evidence from developed and developing countries / / Carlos Mendez"]
[null,null,"Pubbl/distr/stampa",null,"Cham, Switzerland : , : Springer, , [2020]"]
[{"$nulls":4},"©2020"]
[null,null,"ISBN",null,"981-15-8629-2"]
[null,null,"Edizione",null,"[1st ed. 2020.]"]
[null,null,"Descrizione fisica",null,"1 online resource (XII, 67 p. 39 illus., 36 illus. in color.)"]
[null,null,"Collana",null,"SpringerBriefs in Economics"]
[null,null,"Disciplina",null,"658.314"]
[null,null,"Soggetti",null,"Labor productivity"]
[{"$nulls":4},"Convergence (Economics)"]
[{"$nulls":4},"Economic development"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,"Nota di contenuto",null,"1 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."]
[null,null,null,"Sommario/riassunto","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 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."]