Technological Shifts and Convergence in a European perspective since 1950
(2007) In Scandinavian Economic History Review 55(3). p.222-243- Abstract
- The paper analyses the behaviour of convergence/divergence primarily within Western Europe and the OECD in relation to market integration and to major technological shifts such as the second and the third industrial revolution. It also relates the behaviour to traditional growth theory and endogenous growth theory as well as to historical generalisations based on structural analysis. The empirical focus is on an econometric analysis of convergence/divergence since 1950 in order to develop measures of these forces as continuous processes over time. The analysis indicates trend shifts from convergence to divergence with the appearance of stronger divergent forces in combination with the major technological shifts. There is as well a cyclical... (More)
- The paper analyses the behaviour of convergence/divergence primarily within Western Europe and the OECD in relation to market integration and to major technological shifts such as the second and the third industrial revolution. It also relates the behaviour to traditional growth theory and endogenous growth theory as well as to historical generalisations based on structural analysis. The empirical focus is on an econometric analysis of convergence/divergence since 1950 in order to develop measures of these forces as continuous processes over time. The analysis indicates trend shifts from convergence to divergence with the appearance of stronger divergent forces in combination with the major technological shifts. There is as well a cyclical variation between divergence/convergence from the 1970s. It also indicates a pronounced structural divergence from 1990 in combination with accelerated growth in mainly English-speaking economies. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/1243783
- author
- Schön, Lennart LU
- organization
- publishing date
- 2007
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- technological change, economic growth, long cycles, convergence
- in
- Scandinavian Economic History Review
- volume
- 55
- issue
- 3
- pages
- 222 - 243
- publisher
- Routledge
- external identifiers
-
- scopus:37349117613
- ISSN
- 0358-5522
- language
- English
- LU publication?
- yes
- id
- 7b43edcc-677f-4f6e-ba30-cba2b2103e35 (old id 1243783)
- alternative location
- http://www.informaworld.com/10.1080/03585520701768701
- date added to LUP
- 2016-04-01 15:48:11
- date last changed
- 2024-01-25 18:27:27
@article{7b43edcc-677f-4f6e-ba30-cba2b2103e35,
abstract = {{The paper analyses the behaviour of convergence/divergence primarily within Western Europe and the OECD in relation to market integration and to major technological shifts such as the second and the third industrial revolution. It also relates the behaviour to traditional growth theory and endogenous growth theory as well as to historical generalisations based on structural analysis. The empirical focus is on an econometric analysis of convergence/divergence since 1950 in order to develop measures of these forces as continuous processes over time. The analysis indicates trend shifts from convergence to divergence with the appearance of stronger divergent forces in combination with the major technological shifts. There is as well a cyclical variation between divergence/convergence from the 1970s. It also indicates a pronounced structural divergence from 1990 in combination with accelerated growth in mainly English-speaking economies.}},
author = {{Schön, Lennart}},
issn = {{0358-5522}},
keywords = {{technological change; economic growth; long cycles; convergence}},
language = {{eng}},
number = {{3}},
pages = {{222--243}},
publisher = {{Routledge}},
series = {{Scandinavian Economic History Review}},
title = {{Technological Shifts and Convergence in a European perspective since 1950}},
url = {{http://www.informaworld.com/10.1080/03585520701768701}},
volume = {{55}},
year = {{2007}},
}