Quah, Danny - London School of Economics (LSE) - 1995
reasons unrelated to the dynamics of economic growth. (2) Usual empirical analyses|cross-section (conditional) convergence …The convergence hypothesis has generated a huge empirical literature: this paper critically reviews some of the earlier … interpreting convergence empirics. The main ndings are: (1) The much-heralded uniform 2% rate of convergence could arise for …