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Title:Revisiting the regional growth convergence debate in Colombia using income indicators PDF Logo
Authors:Branisa, Boris
Cardozo, Adriana
Issue Date:2009
Series/Report no.:Discussion papers, Ibero America Institute for Economic Research 194
Abstract:This paper investigates growth convergence across Colombian departments during the period of 1975 to 2000, following both the regression and the distributional approaches suggested in the literature, and using two income measures computed by Centro de Estudios Ganaderos (CEGA).We also discuss issues related to data provided by Departamento Administrativo Nacional de Estadisticas (DANE) used by previous convergence studies. Our results show no evidence supporting convergence using per capita gross departmental product, but rather persistence in the distribution. Using per capita gross household disposable income, we find convergence, but only at a low speed, close to one percent per year. Furthermore, we find no evidence of the existence of different steady states for the two variables considered.
regional growth convergence
growth regression
kernel density estimators
Document Type:Working Paper
Appears in Collections:Discussion Papers, Ibero-Amerika-Institut für Wirtschaftsforschung (IAI), Universität Göttingen

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