Empirics for Economic Growth and Convergence in Asian Economies: A Panel Data Approach

Ji Uk Kim ()
Additional contact information
Ji Uk Kim: Department of Economics, Chung-Ang University

Journal of Economic Development, 2001, vol. 26, issue 2, 49-59

Abstract: This paper tests the null hypothesis of endogenous growth theories which predict cross country differences in trend growth rates against the alternative hypothesis of exogenous growth theories which predict the same trend growth rates. We use the modified test procedure with heterogeneous intercepts allowing different growth rates across economies. We apply the test to 17 Asian countries and NIEs with panel data. Our results are consistent with neoclassical growth theories which predict the convergence of the 17 Asian countries and NIEs, but which imply that trend growth rates are different across economies. These results support the conditional convergence of the exogenous growth model against the endogenous growth model.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.jed.or.kr/full-text/26-2/kim.PDF (application/pdf)

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:jed:journl:v:26:y:2001:i:2:p:49-59

Access Statistics for this article

Journal of Economic Development is currently edited by Sung Y. Park

More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sung Y. Park ().