Quah, Danny (1996) Convergence as distribution dynamics (with or without growth). CEP discussion paper; CEPDP0317, 317. Centre for Economic Performance, London School of Economics and Political Science, London, UK.
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Convergence concerns the poor catching up with the rich|if not instan- taneously, then at least having a tendency to do so. When poor and rich here refer to entire economies, then whether convergence occurs is traditionally viewed as just a side consequence of a more central ques- tion, namely that concerning the nature of economic growth. This paper argues instead that convergence itself is of direct interest. When conver- gence is made central and thus investigated, new theoretical issues and empirical insights emerge: this paper provides a brief overview of what those lessons are, and conjectures what next might be learnt.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1996 the authors|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Journal of Economic Literature Classification System:||E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E17 - Forecasting and Simulation
C - Mathematical and Quantitative Methods > C2 - Econometric Methods: Single Equation Models; Single Variables > C23 - Models with Panel Data
D - Microeconomics > D3 - Distribution > D30 - General
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O57 - Comparative Studies of Countries
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
|Date Deposited:||27 Apr 2007|
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