Productivite et clubs de convergence

Abstract

The aim of this Article is to examine the role of productivity in the economic convergence of clubs. We considered a sample of 74 nations during 1970-2005. From Dowrick and Rogers (2002) models, we tried to highlight the existence of multiple equilibriums. Using the distribution convergence test, three convergence clubs were defined in 1970. The estimations concerning the total sample revealed that neoclassical convergence contributes to economic convergence better than technological convergence. The estimations concerning every convergence club indicated that the technological convergence speed of the club 3 is faster than those of clubs 2 and 1. The role of the neoclassical convergence in the economic convergence of the club 1 is tiny, contrary to the club 2.