This paper investigates output convergence for the G7 countries using multivariate time series techniques. We consider … both the null hypotheses of no convergence and convergence. It is shown that inferences on output convergence depend on … which one of the two null hypotheses is considered. Further, the no convergence results reported in previous studies using …

. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge …

higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …