EconPapers    
Economics at your fingertips  
 

Economic and Social Disparities across Subnational Regions of South America: A Spatial Convergence Approach

Carlos Mendez () and Felipe Santos-Marquez ()
Additional contact information
Carlos Mendez: Nagoya University
Felipe Santos-Marquez: Technische Universität Dresden

Comparative Economic Studies, 2022, vol. 64, issue 4, No 2, 582-605

Abstract: Abstract This paper studies the evolution of economic and social disparities across South America. By exploiting a novel multi-country subnational dataset, we evaluate the evolution of gross national income per capita (GNI) and the human development index (HDI) across 151 subnational regions over the 1990–2018 period. In particular, regional dynamics are evaluated through the lens of two spatial convergence models. The first model deals with the role of spatial dependence. Results indicate that for both GNI and HDI, there is an overall process of regional convergence. Furthermore, spatial dependence plays a significant role in this process. A spatial error specification suggests that spatial dependence accelerates the speed of convergence in some decades, but decelerates it in others. The second model deals with the role of spatial heterogeneity. Results indicate that for both GNI and HDI, the speed of convergence is largely heterogeneous across space and time. Moreover, economic and social disparities are characterized by multi-country spatial clusters that show both converging and diverging trends. Taken together, these results emphasize the importance of accounting for spatial dependence and heterogeneity when evaluating the dynamics of economic and social inequality in South America.

Keywords: Convergence; Spatial dependence; Spatial heterogeneity; Human development; South America (search for similar items in EconPapers)
JEL-codes: O47 R10 R11 R58 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1057/s41294-021-00181-0 Abstract (text/html)
Access to full text is restricted to subscribers.

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:pal:compes:v:64:y:2022:i:4:d:10.1057_s41294-021-00181-0

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41294/PS2

DOI: 10.1057/s41294-021-00181-0

Access Statistics for this article

Comparative Economic Studies is currently edited by Nauro Campos

More articles in Comparative Economic Studies from Palgrave Macmillan, Association for Comparative Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-11-27
Handle: RePEc:pal:compes:v:64:y:2022:i:4:d:10.1057_s41294-021-00181-0