Why do rates of convergence differ? : a meta-regression analysis

by Stephen Dobson, Carlyn Ramlogan and Eric Strobl

There have been many tests of the convergence hypothesis yielding many different estimates of β (the speed of convergence). Narrative reviews of the convergence literature hint at possible reasons for the study-to-study variation in the value of β, 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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Year of publication:	2003
Other Persons:	Dobson, Stephen M. (contributor) ; Ramlogan, Carlyn (contributor) ; Strobl, Eric (contributor)
Publisher:	Nottingham : CREDIT
Subject:	Regressionsanalyse \| Regression analysis \| Wirtschaftliche Konvergenz \| Economic convergence \| Meta-Analyse \| Meta-analysis \| Theorie \| Theory \| Vergleich \| Comparison \| Einkommensverteilung \| Income distribution