. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …

examines what is the best way for candidate countries to fuel real convergence. The experience from earlier EU enlargements and … should be terminated as soon as possible. Second, labour and capital mobility are good for growth and economic convergence …

This paper focuses on one possible explanation for the empirical evidence of: (a) income convergence among the world … outcomes that are consistent with the convergence-divergence empirical evidence. While subsistence consumption can lead to …

Recent tests for the convergence hypothesis derive from regressing average growth rates on initial levels: a negative … initial level coefficient is interpreted as convergence. These tests turn out to be plagued by Francis Galton's classical … direct empirics used here show a tendency for divergence, rather than convergence, of cross-country incomes. …

This paper surveys the recent literature on convergence across countries and regions. We discuss the main convergence … exploring the role of alternative convergence mechanisms and the possible shortcomings of panel data techniques for convergence …

This paper analyses the sources of post-war growth and convergence in the OECD using an extension of Mankiw, Romer and …. Technological catch-up is found to be very fast and seems to have played an important role in OECD convergence during the first half … of the sample period. The exhaustion of this effect, moreover, may help explain the slowdown of growth and convergence …