| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1383 |
| DP1383 Convergence, Endogenous Growth, and Productivity Disturbances | |
| Danny Quah; Charles K Leung | |
| 发表日期 | 1996-04-30 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | This paper builds on earlier evidence showing that, while most countries exhibit little evidence of unconditional income convergence, countries that trade heavily with one another tend to exhibit a much higher incidence of convergence. Two alternative explanations for the trade-related convergence are explored here. The first alternative is that the trade-related income convergence is due to a convergence in capital-labour ratios. Little support is found for this explanation. The other alternative examined here is that of a trade-related convergence in technologies. This alternative is corroborated by a high incidence of convergence in total factor productivities among countries that trade heavily with one another ? an outcome that is not common between these same countries when they are grouped randomly rather than on the basis of trade. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics |
| 关键词 | Income convergence International trade Technology Tfp |
| URL | https://cepr.org/publications/dp1383 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530523 |
| 推荐引用方式 GB/T 7714 | Danny Quah,Charles K Leung. DP1383 Convergence, Endogenous Growth, and Productivity Disturbances. 1996. |
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