The convergence hypothesis: History, theory, and evidence

被引：24
作者：
Rassekh, F [1 ]
机构：
[1] Univ Hartford, Barney Sch Business & Publ Adm, Dept Econ, W Hartford, CT 06117 USA
来源：
OPEN ECONOMIES REVIEW | 1998年 / 9卷 / 01期
关键词：
convergence; technology transfer; neoclassical growth model; globalization; income divergence;
D O I：
10.1023/A:1008279323832
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The hypothesis that per capita output converges across economies over time represents one of the oldest controversies in economics. This essay surveys the history and development of the hypothesis, focusing particularly on its vast literature since the mid-1980s. A summary of empirical analyses, econometric issues, and various tests of the convergence hypothesis are also presented. Moreover, the essay analyzes the implications of the hypothesis for economic growth, especially as it relates to underdeveloped economies.
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页码：85 / 105
页数：21
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