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World Trends: Differences and Similitudes Between Absolute and Conditional Convergence

dc.contributor.authorMartinho, Vítor
dc.date.accessioned2023-11-27T11:46:46Z
dc.date.available2023-11-27T11:46:46Z
dc.date.issued2023
dc.description.abstractThe world economic growth and the respective trends of convergence/ divergence are influenced by several factors which make these processes different worldwide in the function of the specific conditions of each context. For example, the Endogenous Growth Theory suggests that the processes of convergence are not unconditional and there is not only one steady state, but there are several steady states and the convergence trends are conditional and depend on the influence of certain variables, specifically those related to human capital. Considering these perspectives, this study aims to assess the processes of conditional convergence worldwide, taking into account data associated with the gross domestic product (GDP) per capita and variables related to human capital. This statistical information was assessed through approaches associated with the sigma and beta convergence and panel data. The insights obtained reveal that, in fact, the indicators related to human capital may play a determinant role in the convergence tendencies in some circumstances and over the period consideredpt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1007/978-3-031-38363-2_3pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.19/8055
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringerpt_PT
dc.relation.publisherversionhttps://link.springer.com/chapter/10.1007/978-3-031-38363-2_3pt_PT
dc.subjectEconometric modelspt_PT
dc.subjectNeoclassical theorypt_PT
dc.subjectEndogenous growth theorypt_PT
dc.titleWorld Trends: Differences and Similitudes Between Absolute and Conditional Convergencept_PT
dc.typebook part
dspace.entity.typePublication
oaire.citation.endPage51pt_PT
oaire.citation.startPage37pt_PT
oaire.citation.titleEconomic Growth: Advances in Analysis Methodologies and Technologiespt_PT
person.familyNamePereira Domingues Martinho
person.givenNameVítor João
person.identifier.ciencia-idF510-903F-51FA
rcaap.rightsclosedAccesspt_PT
rcaap.typebookPartpt_PT
relation.isAuthorOfPublicationd99fa017-5c04-4606-b382-f069996da23f
relation.isAuthorOfPublication.latestForDiscoveryd99fa017-5c04-4606-b382-f069996da23f

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