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SSRN Electronic Journal, 2021 Empirical tests in the 1990s found little evidence of poor countries catching up with rich - unconditional convergence - since the 1960s, and divergence over longer periods. This stylized fact spurred several developments in growth theory, including AK models, poverty trap models, and the concept of convergence conditional on determinants of steady ...
Yang You, Jack Willis, Michael Kremer
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On the Convergence of Stochastic Process Convergence Proofs [PDF]
Mathematics, 2021 Convergence of a stochastic process is an intrinsic property quite relevant for its successful practical for example for the function optimization problem. Lyapunov functions are widely used as tools to prove convergence of optimization procedures. However, identifying a Lyapunov function for a specific stochastic process is a difficult and creative ...
Borja Sánchez-López, Jesus Cerquides
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Journal of Political Economy, 1992 A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are there automatic forces that lead to convergence over time in the levels of per capita income and product? The authors use the neoclassical growth model as a framework to study convergence across the forty-eight contiguous U.S. states.
Barro, Robert, Sala-i-Martin, Xavier
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Heterogeneous convergence [PDF]
Economics Letters, 2007 We use US county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9% and the New York estimate is 3.3%. Convergence rates are essentially uncorrelated with income levels.
Young, Andrew +2 more
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Convergence and Cointegration [PDF]
SSRN Electronic Journal, 2011 This paper provides a new, united, and flexible framework to measure and characterize convergence in prices. We formally define this notion and propose a model to represent a wide range of transition paths that converge to a common steady-state. Our framework enables the econometric measurement of such transi-tional behaviors and the development of ...
Alfredo García-Hiernaux +1 more
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Converging to Converge? A Comment
, 2021 Kremer, Willis, and You (2021) revisit cross-country convergence patterns over the last six decades. They provide evidence that the lack of convergence that applied early in the sample has now been replaced by modest convergence. They also argue this relationship is driven by convergence in various determinants of economic growth across countries and a
Daron Acemoglu +3 more
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Modularity of Convergence and Strong Convergence in Infinitary Rewriting [PDF]
, 2010 Properties of Term Rewriting Systems are called modular iff they are preserved under (and reflected by) disjoint union, i.e. when combining two Term Rewriting Systems with disjoint signatures.
A. Arnold and M. Nivat +9 more
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Weak Convergence of $n$-Particle Systems Using Bilinear Forms [PDF]
, 2013 The paper is concerned with the weak convergence of $n$-particle processes to deterministic stationary paths as $n\to\infty$. A Mosco type convergence of a class of bilinear forms is introduced.
Löbus, Jörg-Uwe
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Carbon dioxide emissions intensity convergence: Evidence from central American countries [PDF]
, 2020 This paper extends the literature on the convergence of carbon dioxide emissions intensity and its determinants (energy intensity and the carbonization index) for six Central American countries over the period 1971 to 2014.
Apergis, Nicholas, Payne, James
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Rainwater-Simons-type convergence theorems for generalized convergence methods [PDF]
, 2010 We extend the well-known Rainwater-Simons convergence theorem to various generalized convergence methods such as strong matrix summability, statistical convergence and almost convergence.
Hardtke, Jan-David
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