Convergence in output growth between less advanced and advanced countries is attributable to:
A) technological catch- up.
B) technological destruction.
C) technological creation.
D) the technological frontier.
E) the technological gap.

Question

Quizplus · Accepted Answer

Convergence in output growth is generally attributed to technological catch-up, wherein less advanced countries are able to adopt and adapt advanced technologies used by more advanced countries, leading to increased productivity and output growth.

Convergence in Output Growth Between Less Advanced and Advanced Countries