Per capita output convergence is confirmed across some Asian countries such as the "Asian Tigers", i.e., Hong Kong, Korea, Singapore, and Taiwan ( Matsuki, 1) .In addition, some other countries such as India, Indonesia, Malaysia, and Thailand show converging tendencies toward long-run convergence in the sense of asymptotically relative convergence.This paper examines whether sectoral productivity convergence across these countries contributes in achieving per capita output convergence at the aggregate ( whole country ) level.We also discuss which industrys growth trend is more influential to the aggregate level convergence.Moreover, we try to identify possible growth determinants, such as international trade, macroeconomic stability, government expenditure, human capital accumulation, TFP, and ICT, promoting sectoral productivity convergence and strengthening causality relationships from sectoral productivity convergence to per capita output convergence at the whole country level.
隆 松木 (Tue,) studied this question.