Convergence of Productivity

Convergence of Productivity : Cross-National Studies and Historical Evidence

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This collection of original articles reviews the current state of knowledge concerning the convergence hypothesis. This hypothesis asserts that, for a restricted set of countries, their productivity and living standards are undergoing a process that brings them increasingly close to one another. Among the factors considered are patterns of industries as well as aggregate economies, influences that underlie the degree of convergence that seems to have occurred, and the role that convergence plays in the future of the newly developed nations. Much of the analysis is set in historical more

Product details

  • Paperback | 360 pages
  • 155.2 x 233.7 x 24.6mm | 552.39g
  • Oxford University Press Inc
  • New York, United States
  • English
  • New
  • line figures, tables
  • 0195083903
  • 9780195083903
  • 2,076,956

Review quote

A valuable contribution to our understanding of convergence as an empirical phenomenon. * Journal of Economic Literature *show more

About William J. Baumol

William J. Baumol is Professor of Economics at New York University. Richard R. Nelson is Professor of International and Public Affairs at Columbia University. Edward N. Wolff is Professor of Economics at New York more

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