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 …

How does global aging affect the convergence in global economic development? Both the developing and developed world …

particular emphasis on the impact of productivity convergence and effects of timing of trade and financial liberalization on the … convergence patterns. We compare the mechanisms behind the three investment margins (horizontal investment to new varieties …

integration, convergence in the European retail payments market is measured during the period 1995-2011 for the most used retail … estimating convergence are used: sigma convergence and beta convergence. There is some evidence of convergence for all payment … instruments has declined over time in Europe. The pace of convergence has picked up since the introduction of the single currency …

This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …