Analysis of the international economic convergence in the period 1950-2009

In this paper we study the convergence between countries for the period 1950-2009. The approach develops a comparative perspective between the β-convergence model unconditional –classic and with recognition of spatial dependence– and the approach suggested by Quah. The results on the convergence period vary with the method used. However, the main difference is on the countries for which found convergence. While in the Barro´s regressions, convergence becomes more evident for sub samples are considering countries that start with initial income endowments higher; in the Quah procedure there is a widespread tendency to converge that is independent of the starting point of each country.

Journal: 
31
Authors: 
Cristian RABANAL
Attached file: 

Newsletter Subscription

Suscríbete a nuestra Newsletter con tu dirección de correo electrónico.

Go to top