Economic growth is seen here as the outcome of an entrepreneur-driven process of evolution in the context of an economy … conditions of equilibrium of the different markets give rise to an attractor made up of steady states. The growth determinants … interest of this view of growth. The attractors of the United States economy for the period 1960–2000 are given special …

For Kaldor (1972), economic growth is the resultant of a chain-reaction between increases in supply and increases in … demand. In order to show the interest of this view, I represent this growth process by an entrepreneurial growth model based … views of the entrepreneur’s behavior. The growth process is a process of continuing disequilibrium, but in the long term …

that, from the 1980's onwards, we can accept the hypothesis of stochastic convergence between France, Germany and Japan, on …

convergence speed of per capita income among municipios and test whether spatial externalities are linked to local income growth …Clustering of economic performance and growth in space has generated considerable research on the spillovers and … linkages among geographical neighbours. In this paper, we study the growth process of a large sample of Brazilian …

A switching regression approach with imperfect sample separation information is used to determine convergence clubs …. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP …

output and growth convergence. Journal of Econometrics 138, 312–355] based on the stochastic convergence criterion. An …This paper evaluates the convergence of energy intensities for a group of 97 countries in the period 1971 …–2003. Convergence is tested using a recent method proposed by Pesaran (2007) [Pesaran, M.H., 2007. A pair-wise approach to testing for …

We show, in contrast with Stiglitz, that an inegalitarian long run equi- librium can emerge in a Solow growth model …

, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms … of longevity and quality of life, a direct source of growth for the bio-tech industries and an indirect source of growth … the population in the labour force and higher labour productivity levels. In turn, income growth induces an increase in …