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Article: Factor mobility and income growth: Two convergence hypotheses
Title | Factor mobility and income growth: Two convergence hypotheses |
---|---|
Authors | |
Issue Date | 1997 |
Publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/RDE |
Citation | Review Of Development Economics, 1997, v. 1 n. 2, p. 171-190 How to Cite? |
Abstract | While technologies and policy fundamentals are presumably different internationally, inducing differences in growth rates, capital mobility can be a powerful force in equalizing output growth rates across countries. The paper provides some indirect evidence in support of this effect. In the context of regional growth, however, labor mobility can potentially equalize income levels across regions in the presence of human capital externalities. Supporting evidence is found for this effect, revealing that restrictions on labor flows tend to make per capita incomes more divergent across nations and/or regions. |
Persistent Identifier | http://hdl.handle.net/10722/85524 |
ISSN | 2023 Impact Factor: 2.0 2023 SCImago Journal Rankings: 0.638 |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Razin, A | en_HK |
dc.contributor.author | Yuen, CW | en_HK |
dc.date.accessioned | 2010-09-06T09:06:10Z | - |
dc.date.available | 2010-09-06T09:06:10Z | - |
dc.date.issued | 1997 | en_HK |
dc.identifier.citation | Review Of Development Economics, 1997, v. 1 n. 2, p. 171-190 | en_HK |
dc.identifier.issn | 1363-6669 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/85524 | - |
dc.description.abstract | While technologies and policy fundamentals are presumably different internationally, inducing differences in growth rates, capital mobility can be a powerful force in equalizing output growth rates across countries. The paper provides some indirect evidence in support of this effect. In the context of regional growth, however, labor mobility can potentially equalize income levels across regions in the presence of human capital externalities. Supporting evidence is found for this effect, revealing that restrictions on labor flows tend to make per capita incomes more divergent across nations and/or regions. | en_HK |
dc.language | eng | en_HK |
dc.publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/RDE | en_HK |
dc.relation.ispartof | Review of Development Economics | en_HK |
dc.rights | Review of Development Economics. Copyright © Blackwell Publishing Ltd. | en_HK |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
dc.title | Factor mobility and income growth: Two convergence hypotheses | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1363-6669&volume=1&spage=171&epage=190&date=1997&atitle=Factor+Mobility+and+Income+Growth:+Two+Convergence+Hypotheses | en_HK |
dc.identifier.email | Yuen, CW: cwyuen@hku.hk | en_HK |
dc.identifier.authority | Yuen, CW=rp01123 | en_HK |
dc.description.nature | preprint | - |
dc.identifier.doi | 10.1111/1467-9361.00012 | - |
dc.identifier.scopus | eid_2-s2.0-0031428230 | en_HK |
dc.identifier.hkuros | 26512 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0031428230&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 1 | en_HK |
dc.identifier.issue | 2 | en_HK |
dc.identifier.spage | 171 | en_HK |
dc.identifier.epage | 190 | en_HK |
dc.publisher.place | United Kingdom | en_HK |
dc.identifier.scopusauthorid | Razin, A=7102906968 | en_HK |
dc.identifier.scopusauthorid | Yuen, CW=7101633296 | en_HK |
dc.identifier.issnl | 1363-6669 | - |