Economic Growth Theory with the Convergency model

The Capstone team examined the relationship between the initial year's economic output and the overall economic growth rate based on the convergency theory. In addition, we would like to look at the different impacts of the socio-demographic factors such as foreign born population, education attainment and so on. Our study's time period is from 1970 to 1999. Basically, we are using the regression analysis, and using state as a unit of analysis.