Economics at your fingertips  

Sectoral productivity trends: convergence islands in oceans of non-convergence

Fulvio Castellacci, Bart Los and Gaaitzen de Vries

Journal of Evolutionary Economics, 2014, vol. 24, issue 5, 983-1007

Abstract: Growth theory argues that thresholds can lead to multiple growth regimes, which are reflected in heterogeneous patterns of cross-country convergence and divergence. We study sectoral convergence patterns by using a new longitudinal sectoral database for 65 developed and developing countries. We employ an econometric method, quantile smoothing splines, which explicitly allows for identification of parameter heterogeneity both with regard to initial conditions (X-heterogeneity) and growth performances (Y-heterogeneity). Findings suggest that convergence is rather the exception than the rule. Copyright Springer-Verlag Berlin Heidelberg 2014

Keywords: Sectoral productivity; Cross-country convergence; Parameter heterogeneity; Quantile smoothing splines; C14; O47 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Journal of Evolutionary Economics is currently edited by Uwe Cantner, Elias Dinopoulos, Horst Hanusch and Luigi Orsenigo

More articles in Journal of Evolutionary Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-08-24
Handle: RePEc:spr:joevec:v:24:y:2014:i:5:p:983-1007