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An Analysis of the Convergence Hypothese for the Brazilian Municipalities

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  • Coelho, Rodrigo
  • Figueiredo, Lízia

Abstract

This paper attempts to ascertain which of the convergence hypotheses – absolute, conditional or club – best describes the dynamics of the Brazilian municipalities income over the period 1970-2000. The results based on the regression tree method and on robustness tests demonstrate the importance of initial conditions on the determination of municipalities income growth rate, which suggests the dominance of the club convergence hypothesis over the other two.

Suggested Citation

  • Coelho, Rodrigo & Figueiredo, Lízia, 2007. "An Analysis of the Convergence Hypothese for the Brazilian Municipalities," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 61(3), March.
  • Handle: RePEc:fgv:epgrbe:v:61:y:2007:i:3:a:1073
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    Cited by:

    1. Guilherme Mendes Resende & Alexandre Xavier Ywata de Carvalho & Patrícia Alessandra Morita Sakowski, 2013. "Evaluating Multiple Spatial Dimensions of Economic Growth in Brazil Using Spatial Panel Data Models (1970 - 2000)," Discussion Papers 1830a, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Túlio Cravo & Guilherme Resende, 2013. "Economic growth in Brazil: a spatial filtering approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(2), pages 555-575, April.
    3. Túlio Cravo, 2011. "Regional Economic Growth and SMEs in Brazil: a Spatial Analysis (Submission for the Refereed Y-session Papers)," ERSA conference papers ersa10p508, European Regional Science Association.
    4. Guilherme Resende & Alexandre Carvalho & Patrícia Sakowski & Túlio Cravo, 2016. "Evaluating multiple spatial dimensions of economic growth in Brazil using spatial panel data models," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 1-31, January.
    5. Penna, Christiano Modesto & Linhares, Fabricio Carneiro, 2013. "Há controvérsia entre análises de beta e sigma-convergência no Brasil?," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 67(1), April.
    6. repec:fgv:epgrbe:v:65:n:4:a:3 is not listed on IDEAS

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