Convergência real e infra-estruturas

Carlos Pinho ()

No 43, Working Papers de Economia (Economics Working Papers) from Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro

Abstract: Using panel data, this paper explores the role of infrastructure and human capital in the convergence of income levels and growth in the European Union, during the period 1960-2000. According to the neo-classical theory diminishing returns of capital result in poor economies growing faster than rich economies. The findings suggest that it is difficult to reject the hypothesis of non-convergence in per capita incomes of UE countries, but the results do not support the hypothesis that the speed of convergence is affected by infrastructures.

Keywords: GDP growth; convergence; infrastructure (search for similar items in EconPapers)
JEL-codes: E62 J23 O47 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2007-02
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:ave:wpaper:432007

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