A Development Club and Groupings in Europe, and Growth Strategies

被引:0
作者
Marjan Senjur
机构
[1] Faculty of Economics,
[2] University of Ljubljana,undefined
关键词
Development clubs; convergence clubs; Europe; strategies; O11; O40; O52;
D O I
10.1057/palgrave.ces.8100222
中图分类号
学科分类号
摘要
The concept of development clubs and groupings is defined. A development club comprises a group of countries at similar levels of per capita income, which are converging to a common steady state, and that have similar growth patterns. There is only one development club in Europe. It consists of the economies from the core of Western Europe. Other European countries can be grouped into two or three additional groupings according to certain similar characteristics, yet they do not form development clubs. The dynamics of development groupings are also considered. Finally, some applications and implications for growth strategies are indicated.
引用
收藏
页码:660 / 682
页数:22
相关论文
共 23 条
  • [1] Barro R(1992)Convergence Journal of Political Economy 100 223-251
  • [2] Sala-i-Martin X(1986)Productivity growth, convergence, and welfare: What the long-run data show American Economic Review 76 1072-1085
  • [3] Baumol W(1988)Productivity growth, convergence, and welfare: Reply The American Economic Review 78 1155-1159
  • [4] Baumol W(1965)An economic theory of clubs Economica 32 1-14
  • [5] Wolff E(1992)Convergence clubs and endogenous growth Oxford Review of Economic Policy 4 57-69
  • [6] Buchanan J(1999)Patterns of economic development and the formation of clubs Journal of Economic Growth 4 305-330
  • [7] Chatterji M(1995)Multiple regimes and cross-country growth behaviour Journal of Applied Econometrics 10 365-384
  • [8] Desdoigts A(2005)Growth accelerations Journal of Economic Growth 10 303-329
  • [9] Durlauf S(2005)R&D, implementation, and stagnation: A Schumpeterian theory of convergence clubs Journal of Money, Credit, and Banking 37 147-177
  • [10] Johnson P(1992)A contribution to the empirics of economic growth Quarterly Journal of Economics 107 407-437