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This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10005144476
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10005144527
its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of …
Persistent link: https://www.econbiz.de/10005137137
default specification based on the convergence/catch-up model is associated with estimated effects of conditioning variables …
Persistent link: https://www.econbiz.de/10005137163