Tuesday, September 07, 2004

More on Growth and Convergence

Another information-packed post on growth and the empirical evidence (or lack thereof) for growth convergence is up at Mahalanobis. There isn't much for me to add at this point, other than to suggest that those who are interested also take a look at this 1988 paper by Brad DeLong.

NB - The Lucas paper is well worth reading, and can be had for a much more reasonable price - $5 instead of the $30 requested by Elsevier - through SSRN.