can diverge from the countries at the global frontier. We measure the degree of divergence for each country and find that …

. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …

national interest. Growth theory provides a powerful analytical framework to analyse the issue of regional convergence. Given … empirically if there is any evidence of convergence across different regions of Pakistan. The study utilises the conventional … sectors. As expected, no evidence of absolute convergence could be observed obviously due to presence of vast differences …

selection results identify a role for conditional convergence, physical and human capital formation, population growth, degree …

countries. Economists have used the disequilibrium adjustment property of growth models to justify the view that convergence … parameters of a growth model that has the conditional convergence property and then computing the speed of convergence implied by … a stochastic neoclassical growth model and compute the speed of conditional convergence in the non-stochastic model from …