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An Econometric Model of International Long-run Growth Dynamics

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NBER2019-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26593
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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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2019-12-01
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