DETECTING CONVERGENCE CLUBS
نویسندگان
چکیده
منابع مشابه
Ideas Determining Convergence Clubs Ideas Determining Convergence Clubs Ideas Determining Convergence Clubs
This paper develops a model of cross-country growth and distribution dynamics where sharing ideas is important. The model shows clusters of economies emerging from deliberate choices made in equilibrium. It characterizes how, over time, the cross-section distribution of countries stratifies into distinct income classes.
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T his paper is to study the convergence of per capita income. Convergence clubs hypothesis is one of the forms of convergence hypotheses, implying that countries with the same initial level of economic development, technology, and government policies, tend to be similar in per capita income and thus have a tendency to cluster around a small number of poles. In order to test the hypot...
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ژورنال
عنوان ژورنال: Macroeconomic Dynamics
سال: 2018
ISSN: 1365-1005,1469-8056
DOI: 10.1017/s1365100518000391