Concluding Remarks

Carlos Mendez-Guerra

Chapter Chapter 7 in Convergence Clubs in Labor Productivity and its Proximate Sources, 2020, pp 59-61 from Springer

Abstract: Abstract This chapter summarizes the main takeaways of the book. It first outlines the main empirical findings for developed and developing countries, respectively. These findings suggest that the convergence clubs of aggregate efficiency are more likely to explain the dynamics of the clubs of labor productivity. Next, it lists the methodological takeaways from the convergence framework of Phillips and Sul (2007a, b) and (2009). Finally, it points out some emerging research directions and methodological advances.

Keywords: Club convergence; Labor productivity; Capital accumulation; Aggregate efficiency; Developed countries; Developing countries (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/978-981-15-8629-3_7

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