paper examines these ideas by discussing some simple models of technological catch-up and convergence and then applying them … growth is faster than US growth before the mid-1970s, our results cast doubt on much of the cross-section convergence …

explanatory variables also as ratios, and examine determinants of growth separately for periods of relative convergence (r-convergence …-classical growth model and panel estimation; including the “between” estimator. The main difference of the divergence panels from the r-convergence …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … to R&D activities. We estimate the convergence equation derived from Solovianized Romer model for 31 OECD countries for … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … to R&D activities. We estimate the convergence equation derived from Solovianized Romer model for 31 OECD countries for … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …