Technological Capabilities and Patterns of Income Convergence in EuropeA Cluster Analysis

  1. Candelaria Barrios 1
  2. Esther Flores 2
  3. M. Ángeles Martínez 2
  1. 1 Universidad de La Laguna
    info

    Universidad de La Laguna

    San Cristobal de La Laguna, España

    ROR https://ror.org/01r9z8p25

  2. 2 Universidad de Cádiz
    info

    Universidad de Cádiz

    Cádiz, España

    ROR https://ror.org/04mxxkb11

Revista:
Revista de economía mundial

ISSN: 1576-0162

Año de publicación: 2018

Número: 50

Páginas: 129-152

Tipo: Artículo

DOI: 10.33776/REM.V0I50.3902 DIALNET GOOGLE SCHOLAR lock_openArias Montano editor

Otras publicaciones en: Revista de economía mundial

Resumen

This paper analyses the patterns of convergence across the European Union countries in terms of both economic growth and technological conditions during the period 1995-2013. We apply the methodology of Phillips-Sul (2007) to study convergence in real income per capita and countries’ technological capabilities. We consider separately eight technological indicators as proxies for a country’s innovative ability and absorptive capacity. The results support the club convergence hypothesis for income and some technologyrelated indicators and offer an approximation to the role that technological capabilities could play in the income convergence process.

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