The cross-country convergence hypothesis is one of the central topics of long-run macroeconomics. This paper revisits … beta convergence is first documented. Next, the paper incorporates some recent developments from the unsupervised machine … learning literature to evaluate the existence of local convergence. In particular, the application of a distribution …

Economic integration and globalization are expected to promote economic growth and convergence. This article offers a … convergence literature aims to establish whether catching-up processes have been successful. This article verifies the existence … become fewer and larger. However, growth path divergences persist and suggest a cluster-based convergence. Integration …

impact of the euro on economic convergence. The DPS method ensures a forensic examination of the diverse variable patterns … that influence cluster memberships. As with previous research conclusions, there are multiple patterns of convergence and … nominal convergence. An example is the divergence of the experience of consumer inflation between 2016 and 2022. Nevertheless …