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Growth and Convergence in a Multiregional Model with Space–Time Dynamics

✍ Scribed by Paul Elhorst; Gianfranco Piras; Giuseppe Arbia


Book ID
109148190
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
237 KB
Volume
42
Category
Article
ISSN
0016-7363

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📜 SIMILAR VOLUMES


On the Dynamics of Basic Growth Models:
✍ Thorsten Pampel 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 232 KB

## Abstract We show for a class of basic growth models that convergence in ratios does not imply the pathwise convergence to the corresponding balanced growth path in the state space. We derive conditions on parameters and on the elasticity of the savings function for convergence or divergence and