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Proposes an empirical analysis of regional convergence in Canada based on the growth model of Barro et al. In an open economy with perfect capital mobility, if domestic residents cannot borrow abroad with human capital as collateral, the dynamics of human capital accumulation is the driving...
Persistent link: https://www.econbiz.de/10004976544
Purpose – This paper seeks to assess the importance of time-varying regional patterns to countries' per capita growth rates, and their effect on the conclusions that can be drawn from growth regressions. Design/methodology/approach – Pooled ordinary least squares on a data set of five-year...
Persistent link: https://www.econbiz.de/10005047629