This paper surveys the recent literature on convergence across countries and regions. We discuss the main convergence … exploring the role of alternative convergence mechanisms and the possible shortcomings of panel data techniques for convergence …

determinants of growth. Extensions of the neoclassical model that incorporate these factors explain rather well the long-run growth … trend. These models do not explain very well the variation of growth rates over time, however, and the lack of robustness of … international income distribution of income, or the policies which may have an impact on growth. …

This paper analyses the sources of post-war growth and convergence in the OECD using an extension of Mankiw, Romer and … of the sample period. The exhaustion of this effect, moreover, may help explain the slowdown of growth and convergence … process of technological catch-up. The results indicate that the impact of R&D investment on growth has been significant …

Literature on convergence among Latin American countries is still scarce compared to other regions. Moreover, almost … none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of … convergence. In this paper I analyze 32 countries and 108 years, more observations than any other study. This long span of data …

This paper derives a convergence equation for a world integrated by trade. We find that factor price equalization … reduces the rate of income convergence among economies with identical preferences and identical technologies. This finding … hold true both in neoclassical growth models and in endogenous growth models with human capital accumulation. The …

indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …

supported. Yet, it fails to interpret correctly the necessary conditions for convergence. Although the neoclassical explanation … of economic growth is not necessarily the correct one, it is a fact that some countries have indeed converged to others …. When Thirlwall's model accounts for the possibility of convergence, it shows two main puzzling implications since it …

This report revisits the growth and convergence performance of the 11 EU member states in Central, East and Southeast … growth. The findings show that convergence has significantly slowed since the global financial crisis, with value added … growth declining in virtually all industries. This slowdown is attributed to structural rather than cyclical factors, with …

This paper investigates growth differences in the urban system of the EU12 over the last decades of the 20th Century …. Models in which growth of real GDP p.c. and rates of population growth are the dependent variables are compared. This … suggests that it makes sense to model GDP growth in a European context. The analysis supports the conclusion that systems of …

This paper reviews the experience of sustained growth in Spain and those countries belonging to the G7 in light of … Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze … sources of growth over the extensive period of 1970-2001, and in particular the effects of both direct and indirect technical …