It is a widely held belief that foreign direct investment (FDI) has a positive effect on economic growth. We test this hypothesis by performing convergence regressions derived from a model of endogenous technological change. We estimate the rate of growth in per-capita income, relative to the...

En este artículo se analiza la dinámica del valor agregado manufacturero per capita como proxy del ingreso per capita de los municipios de México y condados de los Estados Unidos. Específicamente, se busca determinar si existe convergencia (absoluta o condicional), divergencia o...