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Investigando a hipótese de convergência na América Latina e no leste asiático: uma abordagem de regressão quantílica

Author

Listed:
  • Geovana Lorena Bertussi

    (UnB)

  • Lízia de Figueiredo

    (Cedeplar-UFMG)

Abstract

In this paper, we evaluate the income convergence hypothesis in Latin America and East Asia between 1960 and 2000 through the use of quantile regressions to estimate growth equations. This approach allows us to assess how the effect of policy variables on per worker income growth rate can vary over the conditional growth distribution. The results show that the income convergence process is a local phenomenon, and not a global experience along the conditional growth distribution, that is, each quantile exhibits an income growth behavior that is different from the rest.

Suggested Citation

  • Geovana Lorena Bertussi & Lízia de Figueiredo, 2009. "Investigando a hipótese de convergência na América Latina e no leste asiático: uma abordagem de regressão quantílica," Textos para Discussão Cedeplar-UFMG td355, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td355
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    More about this item

    Keywords

    income convergence; quantile regression; panel data;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: 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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