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Why do rates of convergence differ ? A meta-regression analysis

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  • DOBSON, Steve
  • RAMLOGAN, Carlyn
  • STROBL, Eric

Abstract

There have been many tests of the convergence hypothesis yielding many diffrent estimates of b (the speed of convergence). Narative reviews of the convergence literature hint at possible reasons for the study-to-study variation in the value of b, but such reviews are selective and informal. In contrast, meta-regression analysis provides a more formal and objective review of the literature. It is shown that study design and methodology are important determinants of the reported convergence rate, especially in cross-national studies. There is also evidence of general misspecification in the literature.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2003020.

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Date of creation: 00 Mar 2003
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Handle: RePEc:cor:louvco:2003020

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Keywords: b-convergence; convergence hypothesis; meta-regression analysis; neo-classical growth theory;

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References

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Cited by:
  1. Kubis, Alexander & Schneider, Lutz, 2012. "Human capital mobility and convergence : a spatial dynamic panel model of the German regions," IAB Discussion Paper 201223, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
  2. Laura de Dominicis & Raymond J. G. M. Florax & Henri L. F. de Groot, 2008. "A Meta-Analysis On The Relationship Between Income Inequality And Economic Growth," Scottish Journal of Political Economy, Scottish Economic Society, vol. 55(5), pages 654-682, November.
  3. Ceren Ozgen & Peter Nijkamp & Jacques Poot, 2010. "The effect of migration on income growth and convergence: Meta-analytic evidence," Papers in Regional Science, Wiley Blackwell, vol. 89(3), pages 537-561, 08.
  4. Patrice Laroche & Hristos Doucouliagos, 2009. "Unions and Profits: A meta-regression Analysis," Post-Print hal-00648569, HAL.
  5. Chris Doucouliagos & Patrice Laroche, 2007. "Unions and Profitability: A Meta-Analysis," Economics Series 2007_01, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.

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