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Using a spatial dynamic panel, the long-run industrial sector convergence rate across Mexico's states is found to be 2%. The model is a system-General Method of Moments with correction for spatial autocorrelation and an explicit human capital input. The significant inequality between the richest...
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A recently developed stochastic frontier production function methodology is used to estimate econometrically how technical efficiency, technological progress, and returns to scale contributed to US states’ economic growth in 1979-2000. Improved regional human capital data that are superior to...
Persistent link: https://www.econbiz.de/10014140859