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 …

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 …

The paper considers the influence of federal government expenditures and transfers on interregional convergence in … period in Russian regions there existed un- conditional beta-convergence, poor regions grew faster than rich ones. This …. Comparing our results to the results of previous research the process of interregional convergence in Russia can be seen. In the …

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms … indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …

positive than in market economies. Over time, this difference has vanishes. Convergence can be attributed to changing believes …

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