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CREDIT Research Papers, The University of Nottingham >
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http://hdl.handle.net/10419/65439
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| Title: | | Why do rates of convergence differ? A meta-regression analysis  |
| Authors: | | Dobson, Stephen Ramlogan, Carlyn Strobl, Eric |
| Issue Date: | | 2003 |
| Series/Report no.: | | CREDIT Research Paper 03/01 |
| Abstract: | | There have been many tests of the convergence hypothesis yielding many different estimates of β (the speed of convergence). Narrative reviews of the convergence literature hint at possible reasons for the study-to-study variation in the value of β, but such reviews are selective and informal. In contrast, meta-regression analysis provides a more formal and objective review of the literature. It is shown that study design and methodology are important determinants of the reported convergence rate, especially in cross-national studies. There is also evidence of general misspecification in the literature. |
| Document Type: | | Working Paper |
| Appears in Collections: | | CREDIT Research Papers, The University of Nottingham
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