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Yakınsama Hipotezi: Teorik Tartışmalar

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  • Reşat CEYLAN

Abstract

One of the most important subject of economic growth literature is convergence hypothesis which is the main inference of Solow growth model. According to this hypothesis under the closed economy conditions, because of the diminishing rate of return of the capital, per person real income differences accross countries tend to decrease. Even though the convergence hypothesis in 1980s has been widely used due to compiling long term macroeconomic series and improving econometric techniques, this hypothesis since 18th century hase been a core issue deeply matters to economists. The main object of this study is to analyse the evolution of the convergence hypothesis within its historical proccess and to point out its huge terminology.

Suggested Citation

  • Reşat CEYLAN, 2010. "Yakınsama Hipotezi: Teorik Tartışmalar," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2010-1.
    • Handle: RePEc:sos:sosjrn:100103
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    Keywords

    Convergence Hypothesis; Neoclassical Growth Model; New Growth Theory; Sources of the Convergence Hypothesis.;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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