Convergence in recent growth theories: a survey

Article Abstract:

The hypothesis of cross-country convergence of levels and growth rates of income per capita implied by the neo-classical growth model in the Solow-Swan as well as in the Rampsey-Cass-Koopmans versions is investigated. Convergence to a common income level as opposed to divergence is seen from a theoretical perspective. The convergence property is then empirically tested. Results cast doubt on Barro type regressions and their findings about 'conditional' convergence.

Economics, Research and Development in the Social Sciences and Humanities

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Human capital and regional convergence in Canada

Article Abstract:

Human capital and per capita income growth were parallel in Canada during 1951-1996, validating the growth model of Barro et al. The model indicates that higher education levels are good predictors of long term economic growth. State resources could be distributed to outlying areas to achieve growth throughout the country.

Canada, Regional economics, Community development, Human capital

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Causality between defence spending and economic growth: the case of mainland China: a comment

Article Abstract:

This comment finds a causal relationship between defense spending and economic development in China 1950-1991, in opposition to the orginal article's conclusion that a causal relationship did not exist.

China, Defense spending

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