Data and Code for: What Remains of Cross-Country Convergence

Resource Type
  • Johnson, Paul (Vassar College)
  • Papageorgiou, Chris (International Monetary Fund)
Publication Date
Free Keywords
Growth; cross-country convergence; income distribution
  • Abstract

    We examine the record of cross-country growth over the past fifty years and ask if developing countries have made progress on closing the income gap between their per capita incomes and those in the advanced economies. We conclude that, as a group, they have not and then survey the literature on absolute convergence with particular emphasis on that from the last decade or so. That literature supports our conclusion of a lack of progress in closing the income gap between countries. We close with a brief examination of the recent literature on cross-individual distribution of income, which finds that despite the lack of progress on cross country convergence, global inequality has tended to fall since 2000.
Temporal Coverage
  • 1960-01-01 / 2010-12-31
    Time Period: Fri Jan 01 00:00:00 EST 1960--Fri Dec 31 00:00:00 EST 2010
Geographic Coverage
  • Latin America and Caribbean
  • East Asia and Pacific
  • Europe and Central Asia
  • Middle East and North Africa
  • North America
  • Global
  • Sub-Saharan Africa
  • South Asia
  • Is supplement to
    DOI: 10.1257/jel.20181207 (Text)
  • Johnson, Paul, and Chris Papageorgiou. “What Remains of Cross-Country Convergence?” Journal of Economic Literature 58, no. 1 (March 1, 2020): 129–75.
    • ID: 10.1257/jel.20181207 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2020-04-22