East Asian Economic Growth—An Evolutionary Perspective
نویسنده
چکیده
The High Performing Asian Economies have been the fastest growing economies anywhere, anytime. This phenomenal growth experience has stimulated extensive research on its determinants. What is less known however, is dynamics of the distribution of income. This paper considers a statistical model to describe convergence of cross-country incomes across the High Performing Asian Economies. The empirical results illustrate that diffusion is a potential technique for the analysis of spatial dynamics of economic growth.
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