Convergence Clubs in Labor Productivity and its Proximate Sources

Convergence Clubs in Labor Productivity and its Proximate Sources
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劳动生产率的趋同俱乐部及其直接来源

DOI:
10.1007/978-981-15-8629-3
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发表时间:
2020
期刊:
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影响因子:
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通讯作者:
Carlos Mendez
Carlos Mendez
中科院分区:
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文献类型:
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作者:
Carlos Mendez

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各国经济趋同的检验一直是经济增长和发展文献中的一个核心问题。本书引入了一个现代框架来研究劳动生产率的跨国趋同动态及其直接来源:资本积累和总效率。特别是,最近的收敛动态发达国家和发展中国家的评价通过透镜的非线性动态因素模型和聚类算法的面板数据。这个框架使我们能够研究关键的经济现象,如技术异质性和多重均衡。在这方面,该书简要回顾了最近的俱乐部趋同文献,对发达国家和发展中国家进行了比较,并提供了如何在统计软件Stata中实施俱乐部趋同框架的教程。
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.