mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

the Union by deriving benefits from the integration. There are proliferation of studies showing that convergence indeed … the world) and government expenditure in explaining per capita income convergence in the EU during the period of 1995 … capita income convergence in an open economy. The major finding of this paper is that policy intervention in the form of …

last recession brought convergence to a halt. This paper asks, first, whether sigma-convergence is found when other … dimensions of inequality are taken into account, and second, whether the recent economic recovery led to renewed convergence. To … assess sigma-convergence, I estimate transnational inequality in the euro area (EA-13) using a decomposable multidimensional …