Journal of Economic Growth

, Volume 2, Issue 2, pp 131–153

Convergence Revisited

  • Charles I. Jones
Article

DOI: 10.1023/A:1009762900799

Cite this article as:
Jones, C.I. Journal of Economic Growth (1997) 2: 131. doi:10.1023/A:1009762900799

Abstract

The recent literature on convergence has departed fromthe earlier literature by focusing on the shape of the productionfunction and the rate at which an economy converges to its ownsteady state. This article uses advances from the recent literatureto look back at the question that originally motivated the convergenceliterature: what will the distribution of per capita income looklike in the future? Several results are highlighted by the analysis,including the suggestion that there is little reason to expectthe United States to maintain its position as world leader interms of output per worker.

economic growthconvergenceworld income distribution

Copyright information

© Kluwer Academic Publishers 1997

Authors and Affiliations

  • Charles I. Jones
    • 1
  1. 1.Stanford UniversityUSA