An Econometric Model of International Long-run Growth Dynamics
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We develop a Bayesian latent factor model of the joint evolution of GDP per capita for 113 countries over the 118 years from 1900 to 2017. We find considerable heterogeneity in rates of convergence, including rates for some countries that are so slow that they might not converge (or diverge) in
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美国国家经济研究局创建时间：
2019-12-01
