Because of convergence, initial income is an important explanatory variable in many growth regressions. Its omission can lead to misspecification bias that may seem to – but still does not – contradict the common albeit somewhat controversial empirical finding that natural resources, if not...

This paper provides a critical examination of the empirical basis of the output convergence debate in the light of recent developments in the analysis of dynamic heterogeneous panels with interactive effects. It shows that popular tools such as Barro's cross-country regressions and two-way fixed...

The European Union's regional integration serves as a model for blocs such as the D-8 Organisation for Economic Cooperation, which aims to enhance financial and economic integration. This study employs wavelet coherence analysis to examine the interrelations between exchange rates, bond yields,...

This paper constructs a new global historical database on public expenditure and revenue and their components—particularly education and health expenditure—covering all world regions over the 1800-2025 period. We document a large rise of human capital expenditure (as % of GDP) in all parts...

This study presents a bibliometric and thematic analysis of economic convergence analysis from 1982 to 2025, based on a corpus of 2924 Scopus-indexed articles. Using VOSviewer and the bibliometrix R package, this research maps the field's intellectual structure, identifying five main thematic...

This paper brings new compelling regional-level evidence on the environmental degradation brought about by intra-European value chains. The paper postulates the presence of pollution havens derived as a consequence of the European production integration. We identify a neat elites-ghettos divide...

The experience of rapid economic growth and transition to high-income status in Asian countries has brought about significant improvements in material well-being and aggregate economic prosperity. This article examines the degree to which economic prosperity is the “great enabler” of social...

This report presents findings from an impact evaluation of the NC program on nutrition outcomes. Specifically, it assesses the impact of the Reducing Rural Poverty and Malnutrition Project and the Poverty Reduction Fund Project, when complementing the Health and Nutrition Services Access...

We investigate convergence among Indian states between 1981 and 2016 using the distance of any state from the leading state as our key variable. We focus on the role of three major sectors-agriculture, manufacturing, and infrastructure-in achieving convergence. Prima facie, we do not find any...

Unprecedented challenges require swift action. We need to modernise cohesion policy to boost Europe's competitiveness, defence and security, affordable housing, water resilience, and energy transition.

Unprecedented challenges require swift action. We need to modernise cohesion policy to boost Europe's competitiveness, defence and security, affordable housing, water resilience, and energy transition.

Digital green technology convergence (DGTC) has emerged as a critical pathway for fostering high-quality productivity and promoting sustainable economic development. This study investigates the impact of DGTC on Chinese manufacturing firms' total factor productivity (TFP) using a fixed-effects...

During a major crisis, the transitional dynamics of conditional convergence are unlikely to apply. In this paper, we introduce a Markov chain approach which integrates the study of crises and convergence. We allow upwards and downwards mobility to change when a country enters a crisis regime. We...

This paper provides evidence on a WFH-related hypothesis that has not previously been tested empirically. The hypothesis is that the presence of fully remote workers, for whom residence and work locations are decoupled, should create a tendency toward wage convergence across cities within...

Digitalisation has been on the EU policy agenda since 2000. While great strides have been made in this area over the past two decades, the digital transformation is not yet complete. This report seeks to deepen our understanding of the evolution towards a digital Europe. By applying the lens of...

Digitalisation has been on the EU policy agenda since 2000. While great strides have been made in this area over the past two decades, the digital transformation is not yet complete. This report seeks to deepen our understanding of the evolution towards a digital Europe. By applying the lens of...

This paper analyzes the economic growth trajectories of post-communist countries that emerged following the collapse of the USSR. I treat the Soviet Union's sudden dissolution as a natural experiment that triggered rapid institutional changes, providing a unique opportunity to iso- late...

We estimate the Phillips Curve using panel data to infer the slope of the aggregate Phillips Curve for Spain. In recent years, inflation has become a puzzle for economists and monetary authorities and academic research has been more active suggesting many possible explanations to the inflation...

Given the intersecting challenges of climate instability, resource constraints, and digital transformation, there is an urgent need for scholarly inquiry into the evolving patterns of green economic growth to inform evidence-based strategies for fostering sustainable and inclusive development...