Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87131
Authors: 
Bianchi, Carluccio
Menegatti, Mario
Year of Publication: 
2004
Series/Report no.: 
Quaderni di Dipartimento, EPMQ, Università degli Studi di Pavia 160
Abstract: 
We show that the use of pooled and panel data in estimating convergence across countries (or other territorial areas) may involve some pitfalls since this type of data cannot properly distinguish between actual convergence and the possibility of decreasing growth rates over time within each country (or geographical unit). We also show how the possible bias in the estimates can be eliminated.
Subjects: 
convergence
growth
panel data
pooling
JEL: 
O41
O47
O49
Document Type: 
Working Paper

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