This paper tests the hypothesis in the revised endogenous dynamic Solow model that there exists dynamic convergence to … the moving steady-state as a single economy grows. The convergence in the revised endogenous dynamic Solow model implies …, providing strong evidence to support the dynamic convergence hypothesis. …

This paper investigates the convergence of local price levels within Japan, using long-run data spanning six decades … and based on a pairwise approach. The analysis investigates convergence of all binary combinations of local price levels …, rather than choosing a particular city as reference. The results indicate that the null hypothesis of no convergence is …