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A Dissaggregated Approach to the Convergence Question: Evidence for EU Countries

Author

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  • O'Leary, E.

Abstract

The mechanism central to the concept of convergence is that, by the adoption of superior technological advancements of highre productivity countries, those countries with lower productivity levels can exhibit relatively highre productivity growth rates. Thus, in order to prosper in an increasingly integrated world, firms in relatively less developed countries adopt the technological advances in the traded industries in which they compete.

Suggested Citation

  • O'Leary, E., 1997. "A Dissaggregated Approach to the Convergence Question: Evidence for EU Countries," Papers 97-7, University College Cork - Department of Economics.
    • Handle: RePEc:fth:uccoec:97-7
    as

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    More about this item

    Keywords

    TECHNOLOGICAL CHANGE ; CONVERGENCE ; PRODUCTIVITY ; ECONOMIC GROWTH;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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