Convergence of Productivity
Subtitle: Cross-National Studies and Historical Evidence
Contributors: William J. Baumol (Editor); Richard R. Nelson (Editor); Edward N. Wolff (Editor)
Publisher: Oxford University Press, USA
Published: May 17, 1994
Language: eng
Number of pages: 356
ISBN-13: 9780195083903
First sentence: This collection of essays reviews the current state of knowledge of the convergence hypothesis, which asserts that at least a fairly restricted set of countries, the members of the "convergence club," are undergoing a process that brings their levels of productivity and living standards increasingly close to one another.