On the potential pitfalls in estimating β-convergence by means of pooled and panel data
AbstractWe show that the use of pooled and panel data in estimating β-convergence across countries (or other territorial areas) may involve some pitfalls, since these techniques cannot properly distinguish between actual convergence and the possibility of decreasing growth rates over time within each country (or territorial unit). We also show how the possible bias in the estimates can be eliminated.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 14 (2007)
Issue (Month): 13 ()
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- De Siano, Rita & D'Uva, Marcella, 2009. "Regional convergence in Italy: time series approaches," MPRA Paper 20397, University Library of Munich, Germany.
- Carluccio Bianchi & Federica Calidoni & Mario Menegatti, 2009.
"Pitfalls in estimating β-convergence by means of panel data: an empirical test,"
International Review of Economics,
Springer, vol. 56(4), pages 347-357, December.
- Carluccio Bianchi & Federica Calidoni & Mario Menegatti, 2009. "Pitfalls In Estimating ß-Convergence By Means Of Panel Data: An Empirical Test," Quaderni di Dipartimento 102, University of Pavia, Department of Economics and Quantitative Methods.
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