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Durlauf, Steven N.; Quah, Danny - 2021

We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....

Persistent link: https://www.econbiz.de/10013218903

Convergence and Modernization Revisited

Barro, Robert J. - 2012

frame-34 countries with GDP data starting between 1870 and 1896-estimation with country fixed effects is more appropriate … "iron-law" rate of 2%. In the post-1960s panel, estimation without country fixed effects supports the modernization … particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends …

Persistent link: https://www.econbiz.de/10013101830

Thresholds and Context Dependence in Growth

Ghosh, Atish R.; Wolf, Holger C. - 2021

Is there a single recipe for fast growth? Much of the recent cross-section empirical growth literature implicitly assumes there is. Yet both development and growth theory as well as casual empiricism suggest pervasive non-linearities in the growth process. Low inflation may grease the wheels of...

Persistent link: https://www.econbiz.de/10013212579

Asiaphoria Meets Regression to the Mean

Pritchett, Lant - 2014

Consensus forecasts for the global economy over the medium and long term predict the world's economic gravity will …

Persistent link: https://www.econbiz.de/10013045644

Sources of Geographic Variation in Health Care : Evidence from Patient Migration

Finkelstein, Amy - 2015

We study the drivers of geographic variation in US health care utilization, using an empirical strategy that exploits migration of Medicare patients to separate the role of demand and supply factors. Our approach allows us to account for demand differences driven by both observable and...

Persistent link: https://www.econbiz.de/10013031212

The New Promised Land : Black-White Convergence in the American South, 1960-2000

Vigdor, Jacob L. - 2021

The black-white earnings gap has historically been larger in the South than in other regions of the United States. Since 1970, however, the male annual earnings gap outside the South has increased %u2013 dramatically, when the analysis factors in non-participants %u2013 while the gap within the...

Persistent link: https://www.econbiz.de/10013213458

Why Has Regional Income Convergence in the U.S. Declined?

Ganong, Peter - 2019

The past thirty years have seen a dramatic decline in the rate of income convergence across states and in population flows to high-income places. These changes coincide with a disproportionate increase in housing prices in high-income places, a divergence in the skill-specific returns to moving...

Persistent link: https://www.econbiz.de/10012901489

Trends in Regional Inequality in China

Jian, Tianlun; Sachs, Jeffrey; Warner, Andrew M. - 2021

Several recent studies have examined the tendency of regions within a nation to exhibit long-term convergence in per capita income levels. Barro and Sala-i-Martin (1991, 1992, 1995) have found a tendency towards convergence among the U.S. states, among Japanese prefectures, and among regions...

Persistent link: https://www.econbiz.de/10013233027

The Contribution of China, India and Brazil to Narrowing North-South Differences in Gdp/Capita, World Trade Shares, and Market Capitalization

Wang, Jing - 2012

/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three … 2009, changing Northern and Southern shares in world trade which fall for the North from 82.3% to 64.4% and rise for the … China. We suggest that the conventional view of a North‐South bipolar world may need recasting into a tripolar world of the …

Persistent link: https://www.econbiz.de/10013113158

Synthesizing Econometric Evidence : The Case of Demand Elasticity Estimates

DeCicca, Philip - 2015

Econometric estimates of the responsiveness of health-related consumer demand to higher prices are often key ingredients for policy analysis. Drawing on several examples, especially that of cigarette demand, we review the potential advantages and challenges of synthesizing econometric evidence...

Persistent link: https://www.econbiz.de/10013029030