paper examines these ideas by discussing some simple models of technological catch-up and convergence and then applying them … growth is faster than US growth before the mid-1970s, our results cast doubt on much of the cross-section convergence …

explanatory variables also as ratios, and examine determinants of growth separately for periods of relative convergence (r-convergence …-classical growth model and panel estimation; including the “between” estimator. The main difference of the divergence panels from the r-convergence …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … to R&D activities. We estimate the convergence equation derived from Solovianized Romer model for 31 OECD countries for … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … to R&D activities. We estimate the convergence equation derived from Solovianized Romer model for 31 OECD countries for … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …

speed of convergence. In accordance with the nature of the Solow framework, almost all empirical growth studies considered …, within this framework, the growth rate of technology varies across economies and over time. We estimate the convergence … approach. The empirical findings of the model support the conditional convergence hypothesis, but reveal a lower convergence …