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Journal article

Downscaling global income scenarios assuming institutional convergence or divergence

This paper offers a new approach to generating long-term global scenarios of economic growth at national level.

Eric Kemp-Benedict / Published on 2 July 2012

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Citation

Kemp-Benedict, E. (2012). Downscaling global income scenarios assuming institutional convergence or divergence. Global Environmental Change, in press; available online 2 July 2012.

The paper presents a simple model grounded in the economic theory of conditional convergence. The free parameters in the model, which characterize different scenarios, reflect rates of institutional and structural convergence between countries. The model can be used either for generating new global economic scenarios, or for downscaling existing regional economic scenarios.

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SEI author

Eric Kemp-Benedict
Eric Kemp-Benedict

SEI Affiliated Researcher

SEI US

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10.1016/j.gloenvcha.2012.05.007 Closed access
Topics and subtopics
Economy : Finance
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