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Existing evidence for unconditional convergence in the OECD is mixed, and depends largely on whether time series or cross sectional methods are used. In this paper we reconsider the evidence for unconditional convergence by dividing the long run data into several subperiods. We use a two stage...
Persistent link: https://www.econbiz.de/10005130215
One of the core issues in the economic growth literature is the degree to which economic activity is becoming ``similar'' across countries. This question has been addressed in a variety of manners, both theoretical and empirical. An implicit assumption within this literature is that the...
Persistent link: https://www.econbiz.de/10005328650