Models of endogenous economic growth can generate long-term growth without relying on exogenous changes in technology or population. A general feature of these models is the presence of constant or in
The World Bank’s Prospects Group has constructed a comprehensive international database of potential growth. The database covers up to 173 countries for 1981-2021, and includes nine measures of potent
Empirical findings for a panel of around 100 countries from 1960 to 1990 strongly support the general notion of conditional convergence. For a given starting level of real per capita GDP, the growth r
