Tornell, Aaron (contributor); Westermann, Frank (contributor) - 2004 - [Elektronische Ressource]
,ini
is the initial level of GDP per capita; X
it
is a
vector of control variables that includes initial human capital, the …
TL
it
+ φ
2
FL
it
+ ε
j,t
,
where ∆y
it
, y
i,ini
, X
it
, TL
it
, and FL
it
are defined as in equation 1, and µ …