Although it is well known that Markov process theory, frequently applied in the literature on income convergence …

Although it is well known that Markov process theory, frequently applied in the literature on income convergence …

convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …