Search results for "convergence"
showing 10 items of 655 documents
Global trends in higher education: an unexpected convergence between France and India
2013
International audience; We propose to examine an unexpected convergence between the higher education systems of two heterogeneous countries, namely France and India. After a brief comparative survey, we address the issue of the commodification of higher education in order to determine whether the latter evolution has been acknowledged, encouraged or opposed by governments. The modern setting in which higher education institutions operate is partly determined by GATS rules that govern international trade in higher education services, notably through the enhancement of new modes of delivery such as e-learning and distance education. We then extend our reflection to bridge the gap between Fran…
Socio-economic Disparity problems and Convergence Policy in the EU States
2016
The purpose of this paper is to investigate socio-economic development condition and convergence evaluation in the EU-28 states in the context of the EU policy goals. The arm of this research is to estimate socioeconomic disparities and convergence problems in the European states by applying real valuations of well-being situations and economic development challenges in the EU member states. The research methodology is based on the European Commission legitimate documents application and socio-economic strategies, on the convergence theory and convergence scenario calculations and the socioeconomic forecasts analysis in the EU states. This research presents information about different socio…
Spatial Convergence Clubs and the European Regional Growth Process,1980–1995
2003
In international cross-country studies, evidence for club convergence has often been found using different methodologies (Baumol 1986; Durlauf and Johnson 1995; Quah 1996a, 1997). In the case of the European regions, Ertur and Le Gallo (see Chap. 2) and Le Gallo et al. (see Chap. 3) have shown that the convergence rate among European regions is slow and that GDP disparities seem to be persistent despite the European economic integration process and higher growth rates of some poorer regions, as highlighted as well in the European Commission reports (1996, 1999). Moreover, over the 1980–1995 period, Ertur and Le Gallo (see Chap. 2) found that the geographical distribution of European regions…
Regional Inequality in Latin America: Does It Mirror the European Pattern?
2020
The aim of this chapter is to analyse the comparative evolution of regional inequality over the course of the historical economic development processes in four countries of South West Europe—France, Italy, Portugal and Spain—and nine countries of Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Peru, Uruguay and Venezuela. Our analysis, which goes back to the nineteenth century, shows that regional income inequality has followed over time what appears now to be an N-shaped evolution in both regions. However, both experiences differ markedly and we identify the main stylized facts of these trajectories. First, Latin America begun the period with higher levels of regional i…
Are the determinants of CO2 emissions converging among OECD countries?
2013
This paper studies convergence in CO2emission intensity (CO2 emissions over GDP) among OECD countries over the period 1960-2008 based on its determinants, namely, energy intensity (energy consumption over GDP) and the so-called carbonisation index (CO2 emissions over energy consumption). We apply the Phillips and Sul (2007) methodology, which tests for the existence of convergence clubs. Our results highlight that differences in emission intensity convergence are more determined by differences in convergence of the carbonisation index rather than by differences in the dynamic convergence of energy intensity.
Nonlinear economic growth: Some theory and cross-country evidence
2007
Abstract This paper aims to test the existence of different growth regimes, that is of different relationships between growth rate and income level. We propose a simple nonlinear growth model and test its empirical implications by estimating Markov transition matrices and stochastic kernels. We show that growth is indeed nonlinear: a first phase of slow or zero growth is followed by a take-off and, finally, by a phase of deceleration. We discuss the relevance of these results with respect to the issue of convergence and reversibility of development, in the light of models of structural change and technological diffusion.
Productivity Polarization and Sectoral Dynamics in European Regions
2007
Abstract We show that the distribution dynamics of productivity in European regions displays polarization with a nonlinear growth path. We investigate the factors explaining this behavior focusing in particular on sectoral composition. The β -convegence analysis reveals that initial shares of Manufacturing and Other Market Services have a nonlinear impact on growth, while spatial effects are not statistically significant. By decomposing the dynamics of aggregate productivity in terms of sectoral dynamics, we show that productivity in Manufacturing, Non Market Services, and Other Market Services does not converge, for the complex interaction of technological spillovers and specialization eff…
CONVERGENCE AND DIVERGENCE: A NEW APPROACH, NEW DATA, AND NEW RESULTS
2020
Recently, Penn World Tables include new data that enable calculation of total factor productivity in addition to output for a large set of countries. We use these new data to examine convergence and divergence across countries by applying a new approach, which differentiates between the dynamics of output and of productivity. Our empirical results lead to two main new contributions to the literature. The first is on the interpretation of “β-convergence” in “growth regressions.” It means that output per worker in each country converges to productivity but does not imply convergence across countries, since productivity tends to diverge from the global frontier. The second contribution is to t…
Institutions and geography: Empirical test of spatial growth models for European regions
2010
Abstract This article provides an empirical assessment of the growth experiences of European regions, during the period 1991–2004, by taking into account the spatial effects due to both institutions and geography. These effects have been modelled by means of specific controls and by using a non-conventional spatial weight matrix. Results favour a model dealing with substantive spatial externalities. Within this framework, the country-specific institutions are strongly and positively related to the regional productivity's growth rate. In addition, the geo-institutional proximity increases the spatial dependence of the regional output per worker and raises the speed of convergence. By contras…
How globalization is changing digital technology adoption: An international perspective
2021
Abstract This paper examines how globalization influences the adoption of digital technologies. The purpose of the paper is to explain how globalization affects new technology adoptions. We use country-level data from the globalization index (KOF), digital adoption index (DAI), global competitiveness index (GDI), and total factor productivity (TFP) on 183 countries and using advanced panel data modeling. Empirical findings show globalization can significantly affect technology adoption in all countries. The study's findings show globalization positively affects technology transfers and spillovers; here, using digital technology. Countries undergoing significant technological changes achieve…