We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … costs to increase reduces followers' growth rates and thereby generates a pattern of conditional convergence. We discuss how …

characterized by three features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same …

capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD …

This paper offers new tests of the `convergence hypothesis'. It first analyses the pattern of growth of measured inputs … is led to reject the convergence theory. In order to understand what lies at the heart of this discrepancy, the paper … school enrolments (or the UN-conditional convergence of the stock of measured inputs would not hold), but because the law of …

Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …