Catching up, Forging ahead, and Falling behind: A Panel Structure Analysis of Convergence Clubs. ∗. Yixiao Sun. Department of Economics. Yale University. Catching Up, Forging Ahead, and Falling Behind – Volume 46 Issue 2 – Moses Abramovitz. Catching Up, Forging Ahead, and Falling Behind in Southeast Asia: The In then-Stanford professor Moses Abramovitz argued in a seminal article that all.

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If it grows, it will catch up.

Moses Abramovitz

Mason Gottfried Haberler George J. Hollander Henry R. Building such relationships is so important because it is developed countries that will purchase most of developing countries’ capital. Clark Henry C. Innis Calvin B. Abramovitz, called Moe by family and friends, was known for his modest personality and was described as one of the least ego-driven scholars in economics.

Moses Abramovitz – Wikipedia

Kindleberger Alice M. Hadley Richard T. By using this site, you agree to the Terms of Use and Privacy Policy. Stigler Joseph J. A lag can occur for the following reasons:. Detailed studies reveal that this lag reflects large differences in the ability of merchants in different trades to keep the rate at which they receive goods in line with the rate at which they can dispose of them.


Williams Harold A. Carver John R.

Nourse Albert B. Mills Sumner Slichter Edwin G. Ellis Frank Knight If a country is trying to be industrialized, it can only be better off; it will grow much faster than countries that are already industrialized.

Abramovitz’s catch-up growth hypothesis attempted to explain Western Europe ‘s Golden Era of economic growth from to Some merchants’ ability to adjust inventories to sales is catcbing limited as to produce a long lag of stocks behind sales, or even an inverse relationship between sales and behund.

EconPapers: Catching Up, Forging Ahead, and Falling Behind

Gray Walter F. Arthur Lewis Charles L. Black Edwin E. Ripley Harry A.

This page was last edited an 27 Decemberat Mitchell Allyn A. Krueger Arnold C. Views Read Edit View history. She died in Hammond Ernest L. Schultz Paul A. The Journal of Economic History. During his career, he made many contributions to the study of macroeconomic fluctuations and economic growth over time.


He earned his Ph.

Wolfe Joseph S. Burns Theodore W. Koopmans Robert M. Schultze Charles P. He married Carrie Glasser, a Brooklyn-born painter and sculptor, in He taught there for almost 30 years. Franco Modigliani Lawrence R. Seligman Frank W. Harvard University and Columbia University. Farnam Frank A. Baumol Gardner Ackley W. Klein Jacob Marschak Tjalling C. Johnson Oliver M.

Catching Up, Forging Ahead, and Falling Behind

Commons Irving Fisher Henry B. Shiller Alvin E. Patten Davis R. Adams Fred M. Abramovitz’s theory does not guarantee that poor countries will catch up to developed countries, because the poor countries might fail to adapt to new technology, attract capital and participate in the global market. Jenks Simon N. Barnett William Z. Taylor Edwin F.