Revisiting the Regional Growth Convergence Debate in Colombia Using Income Indicators
Boris Branisa () and
Adriana Cardozo ()
No 194, Ibero America Institute for Econ. Research (IAI) Discussion Papers from Ibero-America Institute for Economic Research
This paper investigates growth convergence across Colombian departments during the period of 1975 to 2000, following both the regression and the distributional approaches suggested in the literature, and using two income measures computed by Centro de Estudios Ganaderos (CEGA).We also discuss issues related to data provided by Departamento Administrativo Nacional de Estadısticas (DANE) used by previous convergence studies. Our results show no evidence supporting convergence using per capita gross departmental product, but rather persistence in the distribution. Using per capita gross household disposable income, we find convergence, but only at a low speed, close to one percent per year. Furthermore, we find no evidence of the existence of different steady states for the two variables considered.
Keywords: Colombia; regional growth convergence; growth regression; kernel density estimators (search for similar items in EconPapers)
JEL-codes: C11 O40 O54 (search for similar items in EconPapers)
Pages: 68 pages
Date: 2009-07-29, Revised 2009-08-21
New Economics Papers: this item is included in nep-dev, nep-geo and nep-hap
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Persistent link: https://EconPapers.repec.org/RePEc:got:iaidps:194
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