Resource title

Convergence as distribution dynamics (with or without growth)

Resource image

image for OpenScout resource :: Convergence as distribution dynamics (with or without growth)

Resource description

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.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://eprints.lse.ac.uk/2254/1/Convergence_as_Distribution_Dynamics_%28with_or_without_Growth%29.pdf

Resource license