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Matches in SemOpenAlex for { <https://semopenalex.org/work/W2019017077> ?p ?o ?g. }

• W2019017077 abstract "Abstract Poor economic performance in a country will often lead to changes in the domestic policies and institutions, political instability, or changes in international relations. Induced institutional change of this kind affects the interpretation of the empirical evidence on economic convergence: a divergent process may be stabilized by institutional and political intervention. Stabilization may result even if the effects of each intervention are stochastic and the expected value of the benefits from each reform is non-positive. Thus, the appearance of conditional convergence may carry no implications for ’the underlying parameters of technology and preferences.’" @default.
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• W2019017077 date "1999-07-01" @default.
• W2019017077 modified "2023-09-25" @default.
• W2019017077 title "Economic divergence and institutional change: some observations on the convergence literature" @default.
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• W2019017077 doi "https://doi.org/10.1016/s0167-2681(99)00034-7" @default.
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