Galtonian Regression across Counties and the Convergence of Productivity

Peter E Hart

Oxford Bulletin of Economics and Statistics, 1995, vol. 57, issue 3, 287-94

Abstract: A Galton model, in logarithmic form, is used to explain the convergence of countries' productivities over time, including beta and sigma convergence. The 'regression fallacy' does not arise. When comparing growths and levels of productivity, countries should be classified by their initial levels of productivity, preferably after logarithmic transformation. Errors in the data may justify using an errors-in-variables model, or the geometric mean of the original and reverse regressions, but this is not certain. Copyright 1995 by Blackwell Publishing Ltd

Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:obuest:v:57:y:1995:i:3:p:287-94

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0305-9049

Access Statistics for this article

Oxford Bulletin of Economics and Statistics is currently edited by Christopher Adam, Anindya Banerjee, Christopher Bowdler, David Hendry, Adriaan Kalwij, John Knight and Jonathan Temple

More articles in Oxford Bulletin of Economics and Statistics from Department of Economics, University of Oxford Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().