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Technological Catch-up and Scale Effect in OECD Countries: A Bipolarized Growth Convergence

  • Guironnet Jean-Pascal

    (Université de Montpellier 1, France)

One of the main objectives of the growth-accounting is to study the countries' convergence. In this paper, we proposed a new approach, based on Stochastic Production Frontiers (SPF), to appraise the catch-up of OECD countries. The main advantage of our method is to decompose efficiency scores of each country into two components: scale efficiency and pure technical efficiency. By taking country heterogeneity into account, we find in our panel data estimation a technological catch-up in efficiency scores. This latter effect weakly offset the decreasing returns of the factors. Finally, policy implications are derived from our results.

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Paper provided by Association Française de Cliométrie (AFC) in its series Working Papers with number 09-05.

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Length: 19 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:afc:wpaper:09-05
Contact details of provider: Web page: http://www.cliometrie.org

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  1. Los, Bart & Timmer, Marcel P., 2005. "The 'appropriate technology' explanation of productivity growth differentials: An empirical approach," Journal of Development Economics, Elsevier, vol. 77(2), pages 517-531, August.
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  9. Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522543, June.
  10. Jondrow, James & Knox Lovell, C. A. & Materov, Ivan S. & Schmidt, Peter, 1982. "On the estimation of technical inefficiency in the stochastic frontier production function model," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 233-238, August.
  11. Emanuele Baldacci & Qiang Cui & Benedict J. Clements & Sanjeev Gupta, 2004. "Social Spending, Human Capital, and Growth in Developing Countries; Implications for Achieving the Mdgs," IMF Working Papers 04/217, International Monetary Fund.
  12. Chambers Robert G. & Fare Rolf, 1994. "Hicks' Neutrality and Trade Biased Growth: A Taxonomy," Journal of Economic Theory, Elsevier, vol. 64(2), pages 554-567, December.
  13. Blancard, Stéphane & Boussemart, Jean-Philippe, 2006. "Productivité agricole et rattrapage technologique : le cas des exploitations de grandes cultures du Nord-Pas-de-Calais," Cahiers d'Economie et de Sociologie Rurales (CESR), INRA (French National Institute for Agricultural Research), vol. 80.
  14. Ivan Kitov & Oleg Kitov & Svetlana Dolinskaya, 2007. "Modeling Real GDP Per Capita in the USA: Cointegration Test," Mechonomics mechanomics1, Socionet.
  15. Guironnet, J.-P. & Peypoch, N., 2007. "Human capital allocation and overeducation: A measure of French productivity (1987, 1999)," Economic Modelling, Elsevier, vol. 24(3), pages 398-410, May.
  16. Subodh Kumar & R. Robert Russell, 2002. "Technological Change, Technological Catch-up, and Capital Deepening: Relative Contributions to Growth and Convergence," American Economic Review, American Economic Association, vol. 92(3), pages 527-548, June.
  17. Quah, Danny T, 1997. " Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," Journal of Economic Growth, Springer, vol. 2(1), pages 27-59, March.
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  19. repec:rae:jouces:v:80:y:2006:i::p:5-28 is not listed on IDEAS
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