Kremer, Michael; Willis, Jack; You, Yang - National Bureau of Economic Research - 2021
- since the 1960s, and divergence over longer periods. This stylized fact spurred several developments in growth theory …, including AK models, poverty trap models, and the concept of convergence conditional on determinants of steady-state income. We … convergence since 1990 and convergence since 2000, driven by both faster catch-up growth and slower growth of the frontier. During …