Title of article :
The other side of conditional convergence
Author/Authors :
Cho، نويسنده , , Dongchul; Graham، نويسنده , , Stephen ، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1996
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
Keywords :
Neoclassical growth model , Conditional convergence , steady state
Journal title :
Economics Letters
Journal title :
Economics Letters