Convergence of Productivity Cross-National Studies and Historical Evidence
by Baumol, William J.; Nelson, Richard R.; Wolff, Edward N.Format: Hardcover
Pub. Date: 1994-06-30
Publisher(s): Oxford University Press
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Summary
This collection of original articles looks at the convergence hypothesis, which asserts that since the Second World War, industrial countries were growing increasingly homogeneous in terms of productivity, technology, and per capita incomes. The book examines patterns displayed by individual industries within countries as well as the aggregate economies, influences that underlie the process of convergence, and the role that convergence has played and promises to play in the future. Contributors include: Moses Abramovitz, Alice M. Amsden, Magnus Blomstrom, David Dollar, Takashi Hikino, Gregory Ingram, William Lazonick, Frank Lichtenberg, Robert E. Lipsey, Angus Maddison, Gavin Wright, and Mario Zejan.
Table of Contents
| Preface | p. vii |
| Contributors | p. xi |
| General Patterns of Convergence | p. 1 |
| Introduction: the Convergence of Productivity, Its Significance, and Its Varied Connotations | p. 3 |
| Notes | p. 18 |
| References | p. 18 |
| Explaining the Economic Performance of Nations, 1820-1989 | p. 20 |
| Notes | p. 57 |
| References | p. 59 |
| Multivariate Growth Patterns: Contagion and Common Forces as Possible Sources of Convergence | p. 62 |
| Notes | p. 83 |
| References | p. 84 |
| Catch-Up and Convergence in the Postwar Growth Boom and After | p. 86 |
| Notes | p. 120 |
| Appendix Notes to Table 4-7 | p. 122 |
| References | p. 123 |
| Technological Leadership | p. 127 |
| The Erosion of U.S. Technological Leadership as a Factor in Postwar Economic Convergence | p. 129 |
| Notes | p. 160 |
| References | p. 161 |
| Social Organization and Technological Leadership | p. 164 |
| References | p. 190 |
| What Lies Behind Convergence? | p. 195 |
| Capital Intensity and Tfp Convergence by Industry in Manufacturing, 1963-1985 | p. 197 |
| Notes | p. 217 |
| References | p. 219 |
| Appendix: Data Sources and Availability | p. 220 |
| Have International Differences in Educational Attainment Levels Narrowed? | p. 225 |
| Notes | p. 239 |
| References | p. 241 |
| What Explains the Growth of Developing Countries? | p. 243 |
| Notes | p. 255 |
| References | p. 255 |
| Appendix Table 9a-1. Regressions of Growth in Real Gdp Per Capita (rgdpcg), 1960-1985, on Initial Real Per-Capita Income and Other Factors | p. 256 |
| The Nics and the Ldcs | p. 261 |
| Multinational Corporations and Productivity Convergence in Mexico | p. 263 |
| Notes | p. 276 |
| References | p. 277 |
| Appendix: Data Sources and Methods | p. 278 |
| Staying Behind, Stumbling Back, Sneaking Up, Soaring Ahead: Late Industrialization in Historical Perspective | p. 285 |
| Notes | p. 310 |
| References | p. 311 |
| Social Indicators and Productivity Convergence in Developing Countries | p. 316 |
| Note | p. 328 |
| Annex Table 12-1. Gdp Per Capita for Countries in the Sample (summers-Heston Data at 1985 International Prices) | p. 329 |
| References | p. 329 |
| Index | p. 335 |
| Table of Contents provided by Publisher. All Rights Reserved. |
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