Le verifiche empiriche dell'ipotesi di convergenza
AbstractThis paper is a selective review of the literature on the conditional convergence prediction implied by the neoclassical Ramsey-Cass Koopmans version of the growth model. The new stylized facts of increasing disparity and variations of income per capita and growth rates across countries and across time seem to support the theoretical predictions of the competing endogenous growth models. In the ongoing debate the correspondence of the theoretical predictions of both theories to basic facts of growth is left to the empirical analysis. After reviewing the most significant econometric studies which found convergence by running cross section growth regressions, we conclude that the criticism to which these estimates have been subjected are methodologically founded. Progress on this central issue can be made through new empirical estimates bases on the time series approach.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.
Volume (Year): 58 (1999)
Issue (Month): 3-4 (December)
Contact details of provider:
Postal: via Sarfatti, 25 - 20136 Milano (Italy)
Web page: http://www.gde.unibocconi.it/
Find related papers by JEL classification:
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Erika Somma).
If references are entirely missing, you can add them using this form.