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Hipótese de convergência: uma análise para a América Latina e o leste asiático entre 1960 e 2000

Author

Listed:
  • Geovana Lorena Bertussi

    (UnB)

  • Lízia de Figueiredo

    (Cedeplar-UFMG)

Abstract

In this article, we investigated which of the convergence hypotheses - absolute, conditional or club - best describes the movement of the income per worker for the countries of Latin America and East Asia between 1960 and 2000 using the methodology proposed by Johnson and Takeyama (2003). The results demonstrate the relevance of the initial characteristics in the definition of countries' income growth rate, that is, the convergence club hypothesis prevailed on the others and was the most appropriate to describe the evolution of income in the period.

Suggested Citation

  • Geovana Lorena Bertussi & Lízia de Figueiredo, 2009. "Hipótese de convergência: uma análise para a América Latina e o leste asiático entre 1960 e 2000," Textos para Discussão Cedeplar-UFMG td354, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td354
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    More about this item

    Keywords

    convergence hypothesis; convergence clubs; panel data; Latin America;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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