Conditional convergence in growth theory implies that the initial level of per capita income is
1
positively related to the growth rate of income per capita after controlling for the variables, savings rate and population growth rates, that determine the steady state.
2
negatively related to the growth rate of per capita income after controlling for the variables, savings rate and population growth rates, that determine the steady state.
3
negatively related to investment rate and labour growth rate, but positively related to growth in per capita income.
4
positively related to the savings investment gap and the unemployment rate.