Artelaris, Panagiotis; Arvanitidis, Paschalis A.; … - In: Journal of Economic Studies 38 (2011) July, pp. 236-252
Purpose – The purpose of this paper is to investigate convergence or divergence trends at global scale. Design/methodology/approach – The paper questions the methodology and findings of the conventional convergence literature using linear OLS models. It introduces polynomial (quadratic)...