Abstract
In the previous chapter material productivity convergence was analyzed. σ-convergence and β-convergence were analyzed. For β-convergence, first cross-sectional and panel regression analysis and, following that, time-series analysis were conducted. The results of these analyses are very diverse. This chapter presents a compilation and discussion.
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- 1.
This finding is in line with a recent study by Camarero et al. (2013) who examined eco-efficiency and convergence in the OECD and also identified convergence club for the most eco-efficient as well as for the least eco-efficient countries in the sample.
References
Bernard AB, Durlauf SN (1996) Interpreting tests of the convergence hypothesis. J Econom 71:161–173
Camarero M, Castillo J, Picazo-Tadeo AJ, Tamarit C (2013) Eco-efficiency and convergence in OECD countries. Environ Resource Econ 55:87–106
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Talmon-Gros, L. (2014). Discussion. In: Development Patterns of Material Productivity. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-02538-4_10
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DOI: https://doi.org/10.1007/978-3-319-02538-4_10
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