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, C. ; Menegatti, M.
Institutions:	Facoltà di Economia, Università degli Studi di Parma
Subject:	Convergence \| growth \| panel data \| pooling

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Series:	Economics Department Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2004-EP02 13 pages
Classification:	O41 - One, Two, and Multisector Growth Models ; O47 - Measurement of Economic Growth; Aggregate Productivity ; O49 - Economic Growth and Aggregate Productivity. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005248545