Convergence and Modernization Revisited

Robert J. Barro

NBER Working Paper No. 18295
Issued in August 2012, Revised in September 2012

---- Acknowledgements ----

This paper was prepared for presentation at the Nobel Symposium on Growth and Development, Stockholm, September 3-5, 2012. I appreciate excellent research assistance from David Hsu and comments from Philippe Aghion, Abhijit Banerjee, Xavier Gabaix, Elhanan Helpman, Chad Jones, Peter Klenow, Jong-Wha Lee, Andrei Shleifer, Ugo Troiano, Jose Ursúa, and Romain Wacziarg.The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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