Â¿Hubo convergencia econÃ³mica entre los paÃses europeos antes de la I Guerra Mundial?
Daniel A. Tirado Fabregat and
Jordi Pons Novell
Authors registered in the RePEc Author Service: Daniel A. Tirado-Fabregat ()
Revista de Historia EconÃ³mica / Journal of Iberian and Latin American Economic History, 2001, vol. 19, issue 1, 123-152
This article offers a survey of the theoretical and empirical literature on economic convergence. It also carries out a first attempt to characterize the evolution of relative per capita GDP levels across European countries before IWW (1870â€“1913). Cross section analysis confirms the inexistence of Î²-convergence but the acomplishment of Î²-convergence hipothesis in a model that allows the consideration of different steady-states across countries. Time series analysis confirms that, during the period 1870â€“1913, only countries with medium per capita GDP levels converged on those having the highest income levels in 1870.
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Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:19:y:2001:i:01:p:123-152_00
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