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A test for multimodality of regression derivatives with application to nonparametric growth regressions

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  • Daniel J. Henderson

    (Department of Economics, State University of New York at Binghamton, Binghamton, NY, USA)

Abstract

This paper presents a method to test for multimodality of an estimated kernel density of derivative estimates from a nonparametric regression. The test is included in a study of nonparametric growth regressions. The results show that in the estimation of unconditional β-convergence the distribution of the partial effects is multimodal, with one mode in the negative region (primarily OECD economies) and possibly two modes in the positive region (primarily non-OECD economies) of the estimates. The results for conditional β-convergence show that the density is predominantly negative and there is mixed evidence that the distribution is unimodal. Copyright © 2009 John Wiley & Sons, Ltd.

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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics.

Volume (Year): 25 (2010)
Issue (Month): 3 ()
Pages: 458-480

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Handle: RePEc:jae:japmet:v:25:y:2010:i:3:p:458-480

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Cited by:
  1. Thomas Triebs & Subal C. Kumbhakar, 2012. "Management Practice in Production," Ifo Working Paper Series Ifo Working Paper No. 129, Ifo Institute for Economic Research at the University of Munich.
  2. Michael S. Delgado & Daniel J. Henderson & Christopher F. Parmeter, 2011. "Does Education Matter for Economic Growth?," Working Papers 2011-13, University of Miami, Department of Economics.
  3. Valentin Zelenyuk & Leopold Simar, 2011. "To Smooth or Not to Smooth? The Case of Discrete Variables in Nonparametric Regressions," CEPA Working Papers Series WP102011, School of Economics, University of Queensland, Australia.
  4. Cohen-Cole, Ethan B. & Durlauf, Steven N. & Rondina, Giacomo, 2012. "Nonlinearities in growth: From evidence to policy," Journal of Macroeconomics, Elsevier, vol. 34(1), pages 42-58.
  5. Harry Haupt & Verena Meier, 2011. "Dealing with heterogeneity, nonlinearity and club misclassification in growth convergence: A nonparametric two-step approach," Working Papers 455, Bielefeld University, Center for Mathematical Economics.

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