In the search for "conditional convergence," each of the following is true except

Question

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The concept of "conditional convergence" suggests that countries with similar savings rates, population growth rates, and other economic policies will converge to a similar steady-state growth rate, not that a higher initial income per capita leads to a higher growth rate of income per capita. This contradicts the idea that poorer countries tend to grow faster than richer ones when adjusting for various economic factors, which is a key aspect of conditional convergence.

In the Search for "Conditional Convergence," Each of the Following