Growth convergence: some panel data evidence

Michael Lee; Ritchard Longmire; Lászlo Mátyás; Mark Harris

doi:10.1080/000368498325336

Growth convergence: some panel data evidence

Michael Lee^*, Ritchard Longmire, Lászlo Mátyás, Mark Harris

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

Abstract (may include machine translation)

This paper implements a panel data approach of the Solow model to study the phenomenon of growth convergence for 22 OECD countries. It shows that although the derived estimable Solow model is probably underspecified from an econometric point of view, it is still possible to conclude that there is a likely convergence to a steady state rate of about 2-4%.

Original language	English
Pages (from-to)	907-912
Number of pages	6
Journal	Applied Economics
Volume	30
Issue number	7
DOIs	https://doi.org/10.1080/000368498325336
State	Published - 1998
Externally published	Yes

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title = "Growth convergence: some panel data evidence",

abstract = "This paper implements a panel data approach of the Solow model to study the phenomenon of growth convergence for 22 OECD countries. It shows that although the derived estimable Solow model is probably underspecified from an econometric point of view, it is still possible to conclude that there is a likely convergence to a steady state rate of about 2-4%.",

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AB - This paper implements a panel data approach of the Solow model to study the phenomenon of growth convergence for 22 OECD countries. It shows that although the derived estimable Solow model is probably underspecified from an econometric point of view, it is still possible to conclude that there is a likely convergence to a steady state rate of about 2-4%.

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JO - Applied Economics

JF - Applied Economics

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ER -

Growth convergence: some panel data evidence

Abstract (may include machine translation)

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