Contents

The Other Side of Conditional Convergence

Cho, Dong Chul / Graham, Stephen

Abstract

The empirics of conditional convergence of Mankiw et al. (Quarterly Journal of Economics, 1992, 407–437) imply a peculiar result: on average, countries with a lower income per adult are above their steady-state positions, while countries with a higher income are below their steady-state positions.

Issue Date
1996-02
Publisher
ELSEVIER SCIENCE SA
Keywords
Conditional convergence; Neoclassical growth model; Steady state
Citation
ECONOMICS LETTERS, v.50, no.2, pp.285 - 290, 1996
DOI
10.1016/0165-1765(95)00745-8
Journal Title
ECONOMICS LETTERS
Start Page
285
End Page
290
ISSN
0165-1765
Language
English
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