after World War II. The convergence hypothesis suggests that the success of the South in catching up to the Northeast and … technological convergence explains the regional evolution of U.S. manufacturing industry, or that endogenous growth was an important …

Do poor economies grow faster than rich ones? This important economic question (which we call [beta]-convergence) is … of convergence in both countries: poor prefectures and states grow faster. We also find that there is intraregional as … well as interregional convergence. We analyze the cross sectional standard deviation across prefectures and states. We find …