The paper surveys the main trends of per capita income convergence in the European Union. It stresses that income … disparities have ceased to diminish across the European regions since 1980, although convergence between countries has continued … behind income convergence are analized by means of the decomposition of per capita income in labor productivity and …

Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given … to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the … distribution of the stock of existing firms in the European Union is fixed, it is assumed that the degree of convergence follows …

same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …

In the growth literature, researchers are typically concerned with macro convergence. However, to the extent that macro … dynamics result from the underlying microeconomic relations, convergence should also be investigated at the micro-level. In … this paper, we suggest an approach that allows exploiting large micro panels to test for convergence. Compared to the …

difference in convergence depending on the level of aggregation. While aggregate national inflation rates are diverging …, disaggregate inflation rates are converging. We find that aggregation appears to bias evidence towards non-convergence. Our results …

This paper uses an AutoCorrelation Function approach to develop new tests for international output convergence. Using … per capita GDP for 15 OECD countries observed over a century, we find that the hypothesis of conditional convergence is …