Yakınsama Hipotezi: Teorik Tartışmalar

Reşat Ceylan

Sosyoekonomi Journal, 2010, issue 2010-1

Abstract: One of the most important subject of economic growth literature is convergence hypothesis which is the main inference of Solow growth model. According to this hypothesis under the closed economy conditions, because of the diminishing rate of return of the capital, per person real income differences accross countries tend to decrease. Even though the convergence hypothesis in 1980s has been widely used due to compiling long term macroeconomic series and improving econometric techniques, this hypothesis since 18th century hase been a core issue deeply matters to economists. The main object of this study is to analyse the evolution of the convergence hypothesis within its historical proccess and to point out its huge terminology.

Keywords: Convergence Hypothesis; Neoclassical Growth Model; New Growth Theory; Sources of the Convergence Hypothesis. (search for similar items in EconPapers)
JEL-codes: D31 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:100103

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