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This paper analyses the impact of the fiscal-monetary policy mix on the convergence on per capita income of the least … regions, but would slow down the convergence process in Objective 1 regions. …
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We examine economic convergence among subnational regions of Bangladesh over the period 1992-2013. Unavailability of … literature, we use night lights intensity as a proxy for local economic activity to test the convergence hypothesis. Our results … show the existence of both absolute and conditional convergence in night lights intensity, but with a very long half …
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