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Article: Factor mobility and income growth: Two convergence hypotheses

TitleFactor mobility and income growth: Two convergence hypotheses
Authors
Issue Date1997
PublisherBlackwell 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?
AbstractWhile 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 Identifierhttp://hdl.handle.net/10722/85524
ISSN
2015 Impact Factor: 0.296
2015 SCImago Journal Rankings: 0.331
References

 

DC FieldValueLanguage
dc.contributor.authorRazin, Aen_HK
dc.contributor.authorYuen, CWen_HK
dc.date.accessioned2010-09-06T09:06:10Z-
dc.date.available2010-09-06T09:06:10Z-
dc.date.issued1997en_HK
dc.identifier.citationReview Of Development Economics, 1997, v. 1 n. 2, p. 171-190en_HK
dc.identifier.issn1363-6669en_HK
dc.identifier.urihttp://hdl.handle.net/10722/85524-
dc.description.abstractWhile 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.languageengen_HK
dc.publisherBlackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/RDEen_HK
dc.relation.ispartofReview of Development Economicsen_HK
dc.rightsReview of Development Economics. Copyright © Blackwell Publishing Ltd.en_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.titleFactor mobility and income growth: Two convergence hypothesesen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://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+Hypothesesen_HK
dc.identifier.emailYuen, CW: cwyuen@hku.hken_HK
dc.identifier.authorityYuen, CW=rp01123en_HK
dc.description.naturepreprint-
dc.identifier.doi10.1111/1467-9361.00012-
dc.identifier.scopuseid_2-s2.0-0031428230en_HK
dc.identifier.hkuros26512en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0031428230&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume1en_HK
dc.identifier.issue2en_HK
dc.identifier.spage171en_HK
dc.identifier.epage190en_HK
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridRazin, A=7102906968en_HK
dc.identifier.scopusauthoridYuen, CW=7101633296en_HK

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