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Routledge Economic Growth and Convergence - Global Analysis

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Description

Explore the complexities of global economic development with this comprehensive study from Routledge. This book examines the concept of real economic convergence, focusing on the gradual leveling-off of GDP per capita rates across various economies. It provides a holistic overview of the history and theory behind these economic shifts, making it an essential resource for students and professionals in the field. Beyond theoretical foundations, the text introduces modern analytical methods for assessing the occurrence and rate of convergence. Readers can study BMA-based and HMM-based approaches alongside empirical analysis results. This work expands on conventional econometric methods by integrating Hidden Markov Models, offering a deeper look at how global economies evolve and interact. Whether you are studying business history or modern economic theory, this volume provides the analytical tools necessary to understand global growth patterns.

Key Features

Provides a detailed and holistic overview of the history and theory regarding real economic convergence and GDP per capita rates.

Includes modern assessment methods such as BMA-based and HMM-based approaches to analyze the rate of economic convergence.

Offers empirical analysis results that extend beyond conventional econometric approaches used in standard economic studies.

Part of the Routledge Studies in the Modern World Economy series, ensuring academic rigor and professional quality.

Addresses the leveling-off of GDP per capita across different economies to help understand global economic trends.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 July 2021
Listed Since
16 January 2021

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