This paper surveys the convergence literature. It begins by laying out different definitions of
convergence and by showing the link between the convergence issue and the growth theory …

This paper contains a selective survey of the empirical literature on growth and
convergence. After reviewing some stylized facts and developing a framework for empirical …

This paper extends the Common Correlated Effects (CCE) approach developed by Pesaran
(2006) to heterogeneous panel data models with lagged dependent variables and/or weakly …

Since man first forged metal tools and started farming for his food, thus emerging from the
stone age, no event in human history has had a greater impact than the Industrial Revolution …

A comprehensive, rigorous, and up-to-date introduction to growth economics that presents
all the major growth paradigms and shows how they can be used to analyze the growth …

A new panel data model is proposed to represent the behavior of economies in transition,
allowing for a wide range of possible time paths and individual heterogeneity. The model …

This paper provides a survey and synthesis of econometric tools that have been employed
to study economic growth. While these tools range across a variety of statistical methods …

This paper studies cross-country patterns of economicgrowth from the viewpoint of income
distribution dynamics. Sucha perspective raises new empirical and theoretical issues …

A paradox has been the emergence of the importance of local proximity and geographic
clusters precisely at a time when globalization seems to dominate economic activity. The …

Historical data are unnecessary to demonstrate that perhaps the basic fact of modern
economic history is massive absolute divergence in per capita income across countries. A …