Kose, M. Ayhan; Prasad, Eswar; Taylor, Ashley D. - Institute for the Study of Labor (IZA) - 2009
using standard methods such as
local regression. For details on the required assumptions and convergence properties, see … lower initial GDP per capita, reflecting convergence effects. In both
groups, growth rates are higher for countries with … determinants of long-term per capita GDP growth—initial income (at the
start of each five-year period), which picks up convergence …