In this paper, we investigate the path to the green transition in Europe. In so doing, we implement an empirical model of dynamic panel data on a sample of sixteen Western European countries over the period 1980 to 2019. The model is consistent with various features of neoclassical growth theory...

In this paper we investigate the path to the green transition in Europe. In so doing, we implement an empirical model of dynamic panel data on a sample of sixteen Western European countries over the period 1980 to 2019. The model is consistent with various features of neo-classical growth theory...

Global eradication of extreme poverty requires absolute convergence of poverty rates worldwide towards zero. Using data for more than a hundred developing countries over 35 years, we conclude that such goal is likely to remain elusive. Rather than absolute convergence, we find club convergence:...