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We study the features of regional business cycles and growth in Japan. We find evidence of unconditional convergence over the 1955-2008 period. For the 1975-2008 period, we find evidence of convergence conditional on TFP gap, population growth, private investment rate and TFP growth. We also...
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This paper looks at the hypothesis of conditional convergence of Gross Domestic Product (GDP) per capita for a set of eighteen Latin American countries establishing a positive link with the growth rate of those economies. To that purpose, β-convergence, σ-convergence and γ-convergence...
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