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Convergence of Productivity

Convergence of Productivity

Paperback

Business GeneralEconomicsGeneral Political Science

ISBN10: 0195083903
ISBN13: 9780195083903
Publisher: Oxford University Press
Published: Jun 30 1994
Pages: 360
Weight: 1.11
Height: 0.97 Width: 6.11 Depth: 9.20
Language: English
This comprehensive study is a collection of original articles that view the current state of knowledge of the convergence hypothesis. The hypothesis asserts that at least since the Second World War, and perhaps for a considerable period before that, the group of industrial countries was growing increasingly homogeneous in terms of levels of productivity, technology and per capita incomes. In addition, there was general catch up toward the leader, with gradual erosion of the gap between the leader country, the U.S., throughout most of the pertinent period, and that of the countries lagging most closely behind it.

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Economics