an imitation dynamic and provide conditions under which play evolves to an imitation equilibrium; convergence is …

convergence, and a carefully estimated econometric model of lagged adjustment confirms this. On average, a 1% decrease in the per … transition country by 0.7%. There are differences in the rate of convergence across countries, and these depend on two parameters … fastest convergence rates given these parameters are the Czech Republic, Bulgaria, Croatia and Turkey. The forecast values for …

convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …

and sufficient condition for convergence to consensus and characterize outcomes where the society ends up polarized. Our … some extent. We provide an analysis of the speed of convergence and the possible outcomes of the process. Furthermore, we …

a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social …