Technological Capabilities and Patterns of Income Convergence in Europe: A Cluster Analysis
This paper analyses the patterns of convergence across the European Union countries in terms of both economic growth and technological conditions during the period 1995-2013. We apply the methodology of Phillips-Sul (2007) to study convergence in real income per capita and countries’ technological c...
| Autores: | , , |
|---|---|
| Tipo de recurso: | artículo |
| Fecha de publicación: | 2018 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/16012 |
| Acceso en línea: | http://hdl.handle.net/10272/16012 |
| Access Level: | acceso abierto |
| Palabra clave: | Convergence Clubs Technology Clubs European Union Log T Test Clubs de convergencia Clubs tecnológicos Unión Europea |
| Sumario: | This paper analyses the patterns of convergence across the European Union countries in terms of both economic growth and technological conditions during the period 1995-2013. We apply the methodology of Phillips-Sul (2007) to study convergence in real income per capita and countries’ technological capabilities. We consider separately eight technological indicators as proxies for a country’s innovative ability and absorptive capacity. The results support the club convergence hypothesis for income and some technologyrelated indicators and offer an approximation to the role that technological capabilities could play in the income convergence process |
|---|