Vaio, Gianfranco Di; Enflo, Kerstin - Rimini Centre for Economic Analysis (RCEA) - 2010
This paper is the fi?rst to apply a fi?nite mixture model to a sample of 64 nations to endogenously analyze the cross-country growth behavior over the period 1870-2003. Results show that growth patterns were segmented in two worldwide regimes, the one characterized by convergence in per capita...