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

Geovana Lorena Bertussi and Lízia Figueirêdo ()
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Geovana Lorena Bertussi: UnB

Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

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.

Keywords: income convergence; quantile regression; panel data (search for similar items in EconPapers)
JEL-codes: C14 C23 O47 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2009-06
New Economics Papers: this item is included in nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td355

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