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Ibero-Amerika-Institut für Wirtschaftsforschung (IAI), Universität Göttingen >
Discussion Papers, IAI, Universität Göttingen >
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http://hdl.handle.net/10419/57299
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| Title: | | Revisiting the regional growth convergence debate in Colombia using income indicators  |
| 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. |
| Subjects: | | Colombia regional growth convergence growth regression kernel density estimators |
| JEL: | | C11 O40 O54 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Discussion Papers, IAI, Universität Göttingen
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