A Dissaggregated Approach to the Convergence Question: Evidence for EU Countries

E. O'Leary

Working Papers from University College Cork - Department of Economics

Abstract: The mechanism central to the concept of convergence is that, by the adoption of superior technological advancements of highre productivity countries, those countries with lower productivity levels can exhibit relatively highre productivity growth rates. Thus, in order to prosper in an increasingly integrated world, firms in relatively less developed countries adopt the technological advances in the traded industries in which they compete.

Keywords: TECHNOLOGICAL CHANGE; CONVERGENCE; PRODUCTIVITY; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: O3 O4 (search for similar items in EconPapers)
Pages: 33 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:uccoec:97-7

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