This paper examines the relation between the business cycle and convergence in levels of agricultural productivity … across the 48 contiguous states. First, we find evidence of convergence in total factor productivity levels across the … different phases of the business cycle, but the speed of convergence was greater during periods of contraction in economic …

North America and the Latin American regions. Evidence indicated some support for the convergence hypothesis. Regression …

two simultaneous catching up and convergence processes of consolidating groups. First, do the M&As significantly … complementarities among business lines, is there a convergence process of output mixes among the individual banks of the M&A operations …