countries. Economists have used the disequilibrium adjustment property of growth models to justify the view that convergence … parameters of a growth model that has the conditional convergence property and then computing the speed of convergence implied by … a stochastic neoclassical growth model and compute the speed of conditional convergence in the non-stochastic model from …

study on nonparametric growth regressions. The results show that in the estimation of unconditional β-convergence, the … two modes in the positive region (primarily non-OECD economies) of the parameter estimates. The results for conditional β-convergence …

We study the hypothesis of convergence amongst Mexican regions since 1940 with special interest in the post …-trade liberalization period. A standard time-series convergence test shows that per capita income levels between the capital and the rest … of the regions tend to narrow over time. Using the concept of deterministic and stochastic convergence, we describe the …