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IR08-005_CarrionSilvestre.pdf (269.42 KB)

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Working paper

Publication date

2008

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cc-by-nc-nd, (c) Carrión et al., 2008
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/62287

Panel Data Stochastic Convergence Analysis of the Mexican Regions

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Abstract

The stochastic convergence amongst Mexican Federal entities is analyzed in panel data framework. The joint consideration of cross-section dependence and multiple structural breaks is required to ensure that the statistical inference is based on statistics with good statistical properties. Once these features are accounted for, evidence in favour of stochastic convergence is found. Since stochastic convergence is a necessary, yet insufficient condition for convergence as predicted by economic growth models, the paper also investigates whether-convergence process has taken place. We found that the Mexican states have followed either heterogeneous convergence patterns or divergence process throughout the analyzed period.

Subject

Desenvolupament econòmic, Convergència (Economia), Espai (Economia), Models economètrics, Mèxic

Subject (English)

Economic development, Convergence (Economics), Space in economics, Econometric models, Mexico

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Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))
Documents de treball / Informes (Econometria, Estadística i Economia Aplicada)

Citation

CARRIÓN I SILVESTRE, Josep Lluís and GERMÁN SOTO, Vicente. Panel Data Stochastic Convergence Analysis of the Mexican Regions. IREA – Working Papers. 2008. Vol.  IR08/05. ISSN 2014-1254. [consulted: 10 of June of 2026]. Available at: https://hdl.handle.net/2445/62287

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