TECHNOLOGICAL CAPABILITIES AND PATTERNS OF INCOME CONVERGENCE IN EUROPE: A CLUSTER ANALYSIS

CANDELARIA BARRIOS GONZALEZ, ESTHER FLORES VARO, Mª ÁNGELES MARTÍNEZ NAVARRO

Resumen


This paper analyses the patterns of convergence across the European Union countries in terms of both economic growth and technological conditions during the period 1995-2013. We apply the methodology of Phillips-Sul (2007) to study convergence in real income per capita and countries’ technological capabilities. We consider separately eight technological indicators as proxies for a country's innovative ability and absorptive capacity. The results support the club convergence hypothesis for income and some technology-related indicators, and offer an approximation to the role that technological capabilities could play in the income convergence process.


Palabras clave


convergence clubs; technology clubs; European Union; log t test.

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DOI: http://dx.doi.org/10.33776/rem.v0i50.3902

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e-ISSN:2340-4264   -   ISSN: 1576-0162

Entidad editoraUniversidad de Huelva. Servicio de Publicaciones.

Licencia de usoCreative Commons 4.0