convergence speed of per capita income among municipios and test whether spatial externalities are linked to local income growth …. Conditionally on structural characteristics, we find evidence of convergence between municipios and of positive spatial dependence …

Unit roots in output, an exponential 2 per cent rate of convergence and no change in the underlying dynamics of output … (conditional and unconditional) convergence suit first step approximation. We show both theoretically and empirically how the … uniform 2 per cent rate of convergence repeatedly found in the empirical literature is the outcome of an underlying parameter …

differences and convergence among European countries, which have become important issues since the birth of the European monetary … of the nineties, we find weak signs of convergence within the euro area; again Italy differs and shows a slower and more …

-industry restructuring in productivity growth, few studies have gone beyond the framework of the representative firm in examining convergence …

Using a neo-classical growth model, we analyse the real and nominal GDP per capita convergence of 21 emerging market … physical capital intensities in the long run. Due to standard-convergence in the model, catching up will continue at a … decelerating speed. Also nominal convergence in prices that will lead to a real appreciation of the EME currencies with respect to …

that, from the 1980's onwards, we can accept the hypothesis of stochastic convergence between France, Germany and Japan, on …

A switching regression approach with imperfect sample separation information is used to determine convergence clubs …. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP …