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Introduction to Development Economics

use the OECD economies — they are similar after all — you get a picture more like Figure 3: Annual growth rate of GDP per worker between 1960 and 2000 versus log GDP per worker in 1960 for core OECD countries. But more recently convergence seems harder to attain. This may be due to growth disasters. 2.1 β−convergence This is the most ...

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