This paper discusses growth differentials of Chinese provinces geared to agricultural activities and those focusing on … industrial production over three decades of economic reform. Following trade theory and endogenous growth theory, we suggest that … (the agricultural club) show no evidence of convergence and appear to have been left behind in terms of economic …

This paper discusses growth differentials of Chinese provinces geared to agricultural activities and those focusing on … industrial production over three decades of economic reform. Following trade theory and endogenous growth theory, we suggest that … (the agricultural club) show no evidence of convergence and appear to have been left behind in terms of economic …

Economic growth depends on human resources and human needs. The demographic age structure shapes both of these factors …. We study five-year data from the OECD countries 1950-90 in the framework of a human capital augmented neoclassical growth … model with gradual technical adjustment due to technology barriers. The growth patterns of GDP per worker (labor …

-2007. Despite convergence is usually found to occur conditionally to economy-wide factors, this study reveals a clear process of … unconditional convergence for nancial and business-related market services. Indeed this sector is more likely to be characterised by … run distribution dynamics are characterized by bimodality. The decomposition of the growth rate of aggregate labour …

regional level. The convergence process observed until the late seventies was exhausted onwards in coincidence with important … (in our opinion) richer approach to the traditional convergence analysis, where the evolution of the whole regional … convergence analysis. …

In this paper we study the productivity slowdown taking as a starting point the nonlinear shape of the growth path. We … oil shocks growth is nonlinear; ii) the productivity slowdown consists in a downward shift of the nonlinear growth path …; iii) in both periods we observe a medium run tendency to polarization, but the long run distribution features convergence …

The paper aims to test the existence of different regimes in the growth process. We propose a simple nonlinear growth … model which features different relationships between growth rate and income level. We iden tify its testable implications in … terms of state space dynamics. By estimating Markov transition matrices we show that growth is indeed a nonlinear process …

We reassess convergence of income across countries and its determinants. The ergodic distribution of output per worker …

One of the most important drawbacks of the existing literature on convergence is that it largely ignores the effect of … care. Failing to do so might in fact lead to an overestimation of the tendency towards either convergence or divergence … introduced when the period of analysis contains incomplete business cycles could be quite sizeable and then analyze convergence …