Iwahashi, Roki; Machikita, Tomohiro - In: Economics Bulletin 6 (2004) 19, pp. 1-15
The aim of this paper is to present a new empirical regularity in world income distribution using cross-country panel data, 1960-2001. It shows the fact that the real cross-country GDP per capita is significantly approximated to a geometric sequence, and that its common ratio is decreasing...
