کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5099429 1377007 2011 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Public policies and convergence
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
Public policies and convergence
چکیده انگلیسی
This paper employs a dynamic framework to compare the effects of alternative government policies on convergence of industrialized economies to the technology frontier. The government's instruments include facilitating private investment and education policy. The latter enhances skills of heterogenous specialists and implies the decision on their respective shares. The analysis distinguishes between an isolated policy of a single economy and coordinated policies of various countries. Which policy maximizes the speed of convergence is crucially affected by the economy's state of development. A policy switch between the mentioned instruments while catching-up may be preferable.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 35, Issue 9, September 2011, Pages 1435-1450
نویسندگان
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