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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.
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Convergence of Productivity This collection of original articles reviews the current state of knowledge concerning the convergence hypothesis. This hypothesis asserts that the productivity and living standards of a restricted set of countries are undergoing a process that brings them increasingly close to one another.
Review:
A valuable contribution to our understanding of convergence as an empirical phenomenon. (Journal of Economic Literature)
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- PublisherOxford University Press USA
- Publication date1994
- ISBN 10 0195083903
- ISBN 13 9780195083903
- BindingPaperback
- Number of pages360
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