Through the lens of principal components, spatial dependence, and regionalization methods, the municipalities of Bolivia are endogenously classified according to their similarity in human capital constraints and geographical location.
This book introduces a modern framework to study the cross-country convergence dynamics of labor productivity and its proximate sources: capital accumulation and aggregate efficiency.
Except for aggregate efficiency, we reject the hypothesis that all provinces would eventually converge to a common steady-state path in terms of labor productivity, physical capital, and human capital. Low efficiency is still a problem for Indonesia