Maddala, G. S.; Wu, S. - In: Applied Economics 32 (2000) 5, pp. 635-642
The paper discusses the issues of heterogeneity and stability of cross-country growth regressions that have been used to study the problem of convergence. Almost all studies use pooled regressions. The paper considers the issue of pooling under heterogeneity using a hierarchical Bayesian method...