The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent … among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic … growth, and similar access to technologies and resources...). Our research models the reasons of these divergencesby making …

The empirical evidence on the determinants of growth across countries has found that growth is lower when natural … which these three variables can impact growth, but has tended to address them separately. In this paper we argue that … these investments, output levels and growth. In this context, inequality plays a key role both as a determinant of the …

be used to analyse the ongoing economic growth in the U.S. Until now, macroeconomic growth models have provided the … theoretical underpinnings for most debates on the origins of the particular economic growth and productivity gains that have taken …