This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

The processes of economic convergence observed in many developing countries are characterized by reduction of economic … possible to observe both convergence symptoms as well as divergence tendencies. It can be thus stated that the analyzed CEE …

The study examines the concept of stochastic convergence in the EU28 countries over the 1994-2013 period. The … convergence of individual countries' GDP per capita toward the EU28 average per capita income level and the pair-wise convergence … stochastic convergence which is based on adjusted GDP per capita series in order to account for the impact of other growth …