Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/95275
Authors: 
Bianchi, Carluccio
Calidoni, Federica
Menegatti, Mario
Year of Publication: 
2009
Series/Report no.: 
Quaderni di Dipartimento 102
Abstract: 
This paper aims to test the conjecture advanced in a recent work by Bianchi and Menegatti (2007) that usual !convergence panel regressions may produce biased evidence, due to their inability to distinguish between actual catching-up across countries and decreasing growth rates over time within countries. The test considers different sub-groups in a dataset of 72 countries for the period 1970-2000 and introduces both human capital and proxies for technological differences into the analysis. The results confirm the conjecture that traditional evidence about - convergence may be misleading; they also show that catching-up across countries is weaker than usually claimed and that this process occurred only in some sub-groups of countries.
Subjects: 
Catching-up
Convergence
Economic Growth
Panel Estimation Techniques
JEL: 
C2
O11
O5
Document Type: 
Working Paper

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