Mavroudeas, Stavros; Siriopoulos, Costas - Volkswirtschaftliche Fakultät, … - 1998
The convergence hypothesis is a popular tenet in modern discussions in macroeconomics and regional economics. It … returns to scale. Following this theoretical framework a number of empirical tests (σ or unconditional β or conditional β-convergence …) has been developed. This paper tests unconditional and conditional β-convergence for the Greek economy. Three issues are …