Article (Scientific journals)
One world several technologies ? A nonparametric test of club technology convergence
Walheer, Barnabé
2023In Applied Economics Letters, p. 1-9
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Keywords :
convergence; index; nonparametric test; Technology clubs; Economics and Econometrics
Abstract :
[en] Empirical macroeconomics has highlighted the existence of technology clubs in the world. Are such clubs converging in terms of technological progress, and if so, at what speed? And, what is the role of technology convergence in output convergence? To answer these research questions, we here propose a pragmatic nonparametric test. Using a sample of 81 countries over the 1965–2014 period, we find that the ‘Advanced’ technology club defines the best practice technology in the world, and that the club of the ‘Followers’ but not the ‘Marginalized’ one shows technology convergence. Only in the ‘Followers’ indeed is technology convergence related to output convergence.
Disciplines :
International economics
Author, co-author :
Walheer, Barnabé  ;  Université de Liège - ULiège > HEC Liège : UER > UER Economie : Microéconométrie et économétrie appliquée
Language :
English
Title :
One world several technologies ? A nonparametric test of club technology convergence
Publication date :
2023
Journal title :
Applied Economics Letters
ISSN :
1350-4851
eISSN :
1466-4291
Publisher :
Routledge
Pages :
1-9
Peer reviewed :
Peer Reviewed verified by ORBi
Funders :
F.R.S.-FNRS - Fonds de la Recherche Scientifique [BE]
Available on ORBi :
since 21 August 2023

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