Convergence

A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are there automatic forces that lead to convergence over time in the levels of per capita income and product? We use the neoclassical growth model as a framework to study convergence across the 48 contiguou...

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Bibliographic Details
Main Authors: Barro, Robert J, Sala-i-Martin, Xavier
Format: Book
Published: Chicago, Ill. University of Chicago Press April 1992
Series:Journal of Political Economy n. 2
Subjects: