-country convergence. When the observed changes in average household size across countries are taken into consideration, growth in living … divergence between different countries before 1950 is faster and the speed of convergence after 1950 is slower after adjusting …

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

/N). Then, the Caselli-Tenreyro decomposition is used to explore whether labour-productivity convergence (or divergence) at the …

. While the primary measure for convergence and catching up is per capita output, we also look at other macroeconomic … studies of convergence between regions of reunified Germany, our approach is purely based upon the time series dimension and … process. In our analysis, we find evidence of catching up for East Germany for most of the indicators. However, convergence …

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 …

, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and σ-convergence …