convergence-divergence of technological efficiency and productivity across world regions paper title乖离率的技术效率和生产率在世界地区论文标题.pdfVIP

Modern Economy, 2012, 3, 690-694 /10.4236/me.2012.35089 Published Online September 2012 (http://www.SciRP.org/journal/me) Convergence-Divergence of Technological Efficiency and Productivity across World Regions Paper Title Edward Nissan, Farhang Niroomand 1Department of Political Science, International Development and International Affairs, The University of Southern Mississippi Hattiesburg, Hattiesburg, USA 2School of Business Administration, University of Houston—Victoria, Victoria, USA Email: NiroomandF@ Received July 8, 2012; revised August 8, 2012; accepted August 17, 2012 ABSTRACT This article examines inequalities between and within 57 countries, categorized by income levels, for efficiency in pro- duction and output per worker for 1965 and 1990. Regression analysis was also employed as a basis of convergence from which countries were evaluated for their potential to actual performance in efficiency and output over a span of 25 years. The findings indicate that gaps between the groups of countries widened as compared to gaps within the groups. Convergence was found to increase between the groups of countries as their income levels rose. Keywords: Convergence; Divergence; Technological; Efficiency; Productivity 1. Introduction growth of capital stock, labor supply and technical progress. Kumar and Russell (2002) [4], trace the development In anticipation of the rapid pace of technological change, of theories starting with Solow (1956). Solow’s theory Kurzweil (2005) [1] advanced the