233 CONVERGENCE 0.025 GA TX ARL 0.02 MD DE L UT LA NJ CT 0.015 MA NY PAWA AB CA 0.01 WY AZ 0.005 -0.6 -0.2 0.2 O.6 1 1.4 1.8 LOG(1880 PER CAPITA PERSONAL INCOME) FIG. 1-Growth rate from 1880 to 1988 vs. 1880 per capita income Barrow and Sala-i-Martin (1992), Convergence PER CAPITA GROWTH RATE, 1880-1988

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