Growth Convergence: Some Panel Data Evidence
This paper implements a panel data approach of the Solow model to study the phenomenon of growth convergence for 22 OECD countries. It shows that the derived estimable Solow model is probably underspecified from an econometric point of view, it is still possible to conclude that there is a likely convergence to a steady state of a rate about 2-4%.
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| Length: | 8 pages |
| Date of creation: | 1996 |
| Date of revision: | |
| Handle: | RePEc:msh:ebswps:1996-14 |
| Contact details of provider: | Postal: Phone: +61-3-9905-2489 Fax: +61-3-9905-5474 Web page: http://www.buseco.monash.edu.au/depts/ebs/ Email: More information through EDIRC
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| Order Information: | Web: http://www.buseco.monash.edu.au/depts/ebs/pubs/wpapers/ Email: |
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