Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/65439
Authors: 
Dobson, Stephen
Ramlogan, Carlyn
Strobl, Eric
Year of Publication: 
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

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