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convergence across LAC countries. Argentina defines the frontier in LAC and TFP convergence is found across all South American …
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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 …
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(hampers) growth wherever social capital is high (low). We define our hypothesis within a growth model with public capital, and … that it accounts for the major swings in the Italian regional divide since 1861. …
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inflation and growth rates have diminished. In this case, the single monetary policy would rather meet the monetary needs of the … member countries. On the one hand, (partially small) hints for convergence can be found for several countries. On the other …
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The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …
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