Convergence, endogenous growth, and productivity disturbances

Investigating Agricultural Productivity Growth and Convergence in Iran and Eastern African Countries

The issue of convergence or divergence of productivity has important policy for regional poverty reduction and increasing standards of living. If productivity converges to a common level without intervention, there is little need for explicit policies in lagging regions to promote catch up. On the other hand, productivity has divergence trend, then explicit policies would be needed to prevent f...

Productivity Growth and Convergence in Agriculture and Manufacturing

Endogenous Growth, Productivity and Economic Policy: A Progress Report

THE NEW “ENDOGENOUS” GROWTH theory that was spawned by the contributions of Romer (1986) and Lucas (1988) has now largely displaced the old neoclassical growth theory of Solow (1956) and Swan (1956) from the frontiers of academic research. But endogenous growth theory vintage 2004 is different in many respects from vintage 1988. These differences are the result of a fruitful interaction that ha...

Productivity Growth and Convergence: Updated Evidence of a Structural Change

Data envelopment analysis (DEA), originally developed to study production efficiency of micro-level organizations, has recently been used to construct a production-frontier approach to the analysis of international macroeconomic growth and convergence patterns. DEA methods are used to construct the convex production frontier and this construction is then employed to decompose productivity growt...

Bias-Corrected Production Frontiers: Application to Productivity Growth and Convergence

Data envelopment analysis (DEA), originally developed to study production efficiency ofmicro-level organizations, has recently been used to adopt a production-frontier approach to the analysis of international macroeconomic growth and convergence patterns. DEA methods, however, are known to provide biased estimates of the production frontier and efficiency. We employ recent results from the sta...