Cross-country income convergence revisited

Levon Barseghyan and Riccardo DiCecio

No 2010-021, Working Papers from Federal Reserve Bank of St. Louis

Abstract: We reassess the convergence properties of the cross-country distribution of income and its determinants using the dataset constructed by Klenow and Rodriguez-Clare (2005) and our updated version of the same data. Consistent with the literature, the ergodic distribution of output per worker features separate convergence clubs. In contrast to previous findings, productivity display convergence in the long-run. The long-run distribution of human capital is multi-modal.

Keywords: Income; Income distribution (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://s3.amazonaws.com/real.stlouisfed.org/wp/2010/2010-021.pdf (application/pdf)

Related works:
Journal Article: Cross-country income convergence revisited (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlwp:2010-021

Ordering information: This working paper can be ordered from

DOI: 10.20955/wp.2010.021

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().