The neoclassical growth model implies that if two economies have the same preferences and technology, the poorer economy will tend to grow faster in per capita terms. The relatively homogenous counties of Pennsylvania provide an excellent test of the model’s prediction of convergence in living standards. But, there is no evidence of either unconditional convergence of income among Pennsylvania counties or convergence conditional on investment and population growth rates. Convergence is detected when the rate of human capital accumulation is added to the model. The speed of convergence is about 1.3 percent a year
Some extensions of neoclassical growth models are discussed that allow for cross section heterogenei...
We provide a reappraisal of income convergence across european regions over the last two decades by ...
Economic theory predicts that poorer economies will catch up with richer ones through the process of...
A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are th...
This paper tests the hypothesis of "conditional &bgr;-convergence" in per capita income across the U...
We use US county-level data containing 3,058 cross-sectional observations and 41 conditioning variab...
The purpose of this investigation is to determine if popular convergence models that have been appli...
We use a newly assembled sample of 1,528 regions from 83 countries to compare the speed of per capit...
In the early literature, the empirical evidence showed that the rate of economic convergence is clos...
This paper applies a common empirical methodology in testing for convergence of per capita incomes a...
International audienceWe use U.S. county data (3,058 observations) and 41 conditioning variables to ...
Economic growth and β-convergence of American states 1963–2015 is analyzed adjusting for significant...
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and conve...
After arguing that the concepts of b-convergence and s-convergence are independently interesting, th...
The purpose of this paper is to propose a new empirical model capable of highlighting some aspects o...
Some extensions of neoclassical growth models are discussed that allow for cross section heterogenei...
We provide a reappraisal of income convergence across european regions over the last two decades by ...
Economic theory predicts that poorer economies will catch up with richer ones through the process of...
A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are th...
This paper tests the hypothesis of "conditional &bgr;-convergence" in per capita income across the U...
We use US county-level data containing 3,058 cross-sectional observations and 41 conditioning variab...
The purpose of this investigation is to determine if popular convergence models that have been appli...
We use a newly assembled sample of 1,528 regions from 83 countries to compare the speed of per capit...
In the early literature, the empirical evidence showed that the rate of economic convergence is clos...
This paper applies a common empirical methodology in testing for convergence of per capita incomes a...
International audienceWe use U.S. county data (3,058 observations) and 41 conditioning variables to ...
Economic growth and β-convergence of American states 1963–2015 is analyzed adjusting for significant...
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and conve...
After arguing that the concepts of b-convergence and s-convergence are independently interesting, th...
The purpose of this paper is to propose a new empirical model capable of highlighting some aspects o...
Some extensions of neoclassical growth models are discussed that allow for cross section heterogenei...
We provide a reappraisal of income convergence across european regions over the last two decades by ...
Economic theory predicts that poorer economies will catch up with richer ones through the process of...