Why do rates of convergence differ ? A meta-regression analysis

Stephen Dobson, Carlyn Ramlogan and Eric Strobl ()

No 2003020, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: There have been many tests of the convergence hypothesis yielding many diffrent estimates of b (the speed of convergence). Narative reviews of the convergence literature hint at possible reasons for the study-to-study variation in the value of b, but such reviews are selective and informal. In contrast, meta-regression analysis provides a more formal and objective review of the literature. It is shown that study design and methodology are important determinants of the reported convergence rate, especially in cross-national studies. There is also evidence of general misspecification in the literature.

Keywords: b-convergence; convergence hypothesis; meta-regression analysis; neo-classical growth theory (search for similar items in EconPapers)
JEL-codes: O4 (search for similar items in EconPapers)
Date: 2003-03
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: WHY DO RATES OF β‐CONVERGENCE DIFFER? A META‐REGRESSION ANALYSIS (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2003020

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