This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970-1995. I use the neoclassical growth model and a cross-section data for empirics. I find evidence of conditional convergence (near at traditional 2% rate) for full period but different rates for other periods. I find also a faster convergence rate for "poor" states than the "rich" ones. Finally, our results point to significant impact of the human capital variables on economic growth.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
4026.
Find related papers by JEL classification: J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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