Jarco, Dawid; Pipien, Mateusz - In: Latin American Economic Review 29 (2020) 1, pp. 1-17
For a selected group of Latin America countries we estimated the parameters of convergence equations on the basis of annual data. We test cross-country heterogeneity of parameters within a system of Seemingly Unrelated Regression Equations (SURE) that departures from standard approach utilizing...