This article, adapted from Tamura?s theoretical proposition, empirically investigates capital convergence in three … indicate moderate evidence of convergence among the three-country groups when conventional variables are included. The … convergence ?picture? is quite different when additional variables are empirically examined, implying the existence of a …

In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …