growth model. In the long run, the world growth rate is driven by discoveries in the technologically leading economies …We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … to increase reduces followers' growth rate and thereby generates a pattern of conditional convergence. We discuss how …

growth model. In the long run, the world growth rate is driven by discoveries in the technologically leading economies …We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … to increase reduces followers' growth rate and thereby generates a pattern of conditional convergence. We discuss how …

these stylized facts with a stable world income distribution.This paper is the first to document why cross-country export …