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 …

There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …

-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …

Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a … estimate a typology of the convergence process in the European area. Taking into account the existing differences among sectors … the strategies oriented to achieve a real convergence in EU and further in Adriatic-Balkans region. In this way, we can …

Certainly the current crisis is affecting seriously the convergence process in EU. Starting from the spatial … rate has a fundamental role. In the general process of economic development and in the context of convergence in EU for the …

growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …

-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 …

We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …

, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …

-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 …