Income convergence is one of the key research domains in field economic growth and development. The theoretical discussion income among countries began with introduction Robert Solow's neoclassical model. first empirical appeared 1980s, to this day results are ambiguous. There several approaches convergence, however, most commonly used approach between regions. When it comes there two concepts,...

This paper presents, within a framework of the Solow model, evidence that there should be two different reasons for convergence. One is due to diminishing returns to capital and the other is due to technological diffusion. This paper shows that OECD and low income countries follow a pattern of conditional convergence but middle income countries do not. This seems to imply that technological dif...

This paper presents, within a framework of the Solow model, evidence that there should be two different reasons for convergence. One is due to diminishing returns to capital and the other is due to technological diffusion. This paper shows that OECD and low income countries follow a pattern of conditional convergence but middle income countries do not. This seems to imply that technological dif...