The question of whether there is a tendency for regional convergence has become a central topic for economic research. This paper considers the issue of convergence across Greek regions, following the theoretical basis of the neoclassical model of economic growth. Our analysis ยฎnds no evidence of co
โฆ LIBER โฆ
Testing the Convergence Hypothesis
โ Scribed by Frank R. Lichtenberg
- Book ID
- 125768085
- Publisher
- MIT Press
- Year
- 1994
- Tongue
- English
- Weight
- 155 KB
- Volume
- 76
- Category
- Article
- ISSN
- 0034-6535
- DOI
- 10.2307/2109982
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The article presents new tests oftbe convergence hypothesis. It first analyzes the unconditional pattern of growth of human and physical capital (conventionally measured by an inventory method) and shows that these tests do support the hypothesis that domestic inputs of poor countries appear to be c