期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2010
卷号：1
出版社：Monash University
摘要：Most studies of comparative productivities fail to find evidence of convergence in OECD
manufacturing despite major economic growth theories predicting convergence. Using
manufacturing data for 19 OECD countries over the period from 1870 to 2006 this study finds strong
evidence of unconditional -convergence as well as -convergence. Panel data estimates suggest
that the convergence has been driven by domestic R&D, international R&D spillovers and financial
development as predicted by Schumpeterian growth theories.
