Investigando a hipótese de convergência na América Latina e no leste asiático: uma abordagem de regressão quantílica

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Investigando a hipótese de convergência na América Latina e no leste asiático: uma abordagem de regressão quantílica

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Geovana Lorena Bertussi (UnB)
Lízia de Figueiredo (Cedeplar-UFMG)

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Lízia De Figueirêdo

Abstract

In this paper, we evaluate the income convergence hypothesis in Latin America and East Asia between 1960 and 2000 through the use of quantile regressions to estimate growth equations. This approach allows us to assess how the effect of policy variables on per worker income growth rate can vary over the conditional growth distribution. The results show that the income convergence process is a local phenomenon, and not a global experience along the conditional growth distribution, that is, each quantile exhibits an income growth behavior that is different from the rest.

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Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td355.

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Length: 23 pages
Date of creation: Jun 2009
Date of revision:
Handle: RePEc:cdp:texdis:td355

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Postal: Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil

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Find related papers by JEL classification:
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

This paper has been announced in the following NEP Reports:

NEP-ALL-2009-06-10 (All new papers)
NEP-FDG-2009-06-10 (Financial Development & Growth)

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This page was last updated on 2009-11-18.

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