This paper uses the Solow model to examine the economic growth and convergence in Asia and compares it with the experience of the rest of the world. The per capita income is positively correlated with savings rate and negatively correlated with population growth rate. The explanatory power of...

This paper shows that the Solow model's predictions are consistent with the data. The standard of living is correlated positively with saving rates and negatively with population growth rates, while just these two variables explain jointly 67% to 73% of the sample's cross-country variation. The...