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Cross-country growth and convergence: a semi-parametric analysis
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Cross-country growth and convergence: a semi-parametric analysis

Stephen Dobson, Carlyn Ramlogan and Eric Strobl
03/2003
Handle:
https://hdl.handle.net/10523/1059

Abstract

convergence clubs non-linear convergence semi-parametric kernel regression HB Economic Theory
This paper shows that convergence occurs among countries with very low and very high initial incomes, indicating that convergence clubs characterize the cross-country growth process. The results provide evidence for non-linear convergence and are consistent with some new growth theories.
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