Kremer, Michael; Willis, Jack; You, Yang - National Bureau of Economic Research - 2021
Empirical tests in the 1990s found little evidence of poor countries catching up with rich - unconditional convergence …, including AK models, poverty trap models, and the concept of convergence conditional on determinants of steady-state income. We … convergence since 1990 and convergence since 2000, driven by both faster catch-up growth and slower growth of the frontier. During …