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Growth and convergence: A profile of distribution dynamics and mobility |
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| Authors: | Esfandiar Maasoumi Jeff Racine Thanasis Stengos |
| Affiliation: | 1. Department of Economics, Southern Methodist University, Dallas, TX 75275-0496, USA;2. Department of Economics, McMaster University, Hamilton, Ont, Canada L8S 4M4;3. Department of Economics, University of Guelph, Guelph, Ont, Canada N1G 2W1 |
| Abstract: | In this paper we focus primarily on the dynamic evolution of the world distribution of growth rates in per capita GDP. We propose new concepts and measures of “convergence,” or “divergence” that are based on entropy distances and dominance relations between groups of countries over time. |
| Keywords: | C13 C21 C22 C23 C33 D30 E13 F43 Q30 Q41 |
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