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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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Author Info

  • Geovana Lorena Bertussi

    (UnB)

  • Lízia de Figueiredo

    (Cedeplar-UFMG)

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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Bibliographic Info

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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Related research

Keywords: income convergence; quantile regression; panel data;

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