On the potential pitfalls in estimating convergence by means of pooled and panel data

We show that the use of pooled and panel data in estimating convergence across countries (or other territorial areas) may involve some pitfalls since this type of data cannot properly distinguish between actual convergence and the possibility of decreasing growth rates over time within each country (or geographical unit). We also show how the possible bias in the estimates can be eliminated.

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Year of publication:	2004
Authors:	Bianchi, Carluccio ; Menegatti, Mario
Publisher:	Pavia : Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
Subject:	Entwicklungskonvergenz \| Panelforschung \| convergence \| growth \| panel data \| pooling

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Series:	Quaderni di Dipartimento - EPMQ ; 160
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	472608436 [GVK] hdl:10419/87131 [Handle]
Classification:	O41 - One, Two, and Multisector Growth Models ; O47 - Measurement of Economic Growth; Aggregate Productivity ; O49 - Economic Growth and Aggregate Productivity. Other
Source:	EconStor

Persistent link: https://www.econbiz.de/10010326113