1 option
Unconditional Convergence / Dani Rodrik.
- Format:
- Book
- Author/Creator:
- Rodrik, Dani.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w17546.
- NBER working paper series no. w17546
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2011.
- Summary:
- Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The paper documents this finding for 4-digit manufacturing sectors for a large group of developed and developing countries over the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3.0-5.6 percent per year depending on the estimation horizon. The result is robust to a large number of specification tests, and statistically highly significant. Because of data coverage, these findings should be as viewed as applying to the organized, formal parts of manufacturing.
- Notes:
- Print version record
- October 2011.
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