Productivity convergence: theory and evidence

A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been us...

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Bibliographic Details
Main Author: Wolff, Edward N. (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 2013
Series:Cambridge surveys of economic literature
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Online Access:BSB01
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Summary:A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (xi, 524 pages)
ISBN:9781139049146
DOI:10.1017/CBO9781139049146

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