Browsing by Subject "Panel Data"

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Conditional convergence and the dynamics of the capital-output ratio

Whelan, Karl ; McQuinn, Kieran (Springer Science + Business Media, 2007-04-24)

Output per worker can be expressed as a function of technological efficiency and of the capital-output ratio. Because technology is exogenous in the Solow model, all of the endogenous convergence dynamics take place through ...