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Analyses of municipal GDP growth in Rio Grande do Norte in the Northeast of Brazil during 1970-96 reveal that the cross-section dispersion of per capita income increased over time. Although the analysis indicates some spatial dependence in income, it is small and has a downward trend, indicating...
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This study uses the Current Population Survey and a decomposition method proposed by Datt and Ravallion to assess the impacts of income growth and income distribution on poverty across states in the United States. It finds that between 1992 and 2011 growth of income, rather than changes in...
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Two fundamental issues have been ignored in the convergence debate which are addressed in this paper. First, there has been little attention paid to the development of a general model able to explain convergence a divergence. Second, in the rush to put data to a convergence hypothesis,...
Persistent link: https://www.econbiz.de/10011935192
Most growth theorists agree that understanding the economics of innovation and technological change is central to understanding why some countries are richer and/or grow faster than other countries. The driving force behind recent developments in endogenous innovation models of growth is a...
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