Dreger, Christian; Rahmani, Teymur; Eckey, Hans-Friedrich - In: Iranian Economic Review 14 (2009) 2, pp. 51-69
The neoclassical growth model predicts convergence of productivity or per capita output levels across regions. We investigate this hypothesis for the Iranian economy using data on demand deposits as a proxy for GDP. Moreover, the analysis investigates the effects of rent-seeking on the...