Convergence, endogenous growth, and productivity disturbances

Journal of Monetary Economics

Volumn 38, Issue 3, 1996, Pages 535-547

  Leung, Charles Ka Yui ^a   Quah, Danny T ^b  

^a CHINESE UNIVERSITY OF HONG KONG   (Hong Kong)

^b LONDON SCHOOL OF ECONOMICS   (United Kingdom)

Author keywords

Cross country dependence; Cross country regression; Increasing returns; Stochastic growth; Time series regression

Indexed keywords

EID: 0030497382     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(96)01288-3     Document Type: Article

References (25)

1. Barro, Robert J. and Xavier Sala-i-Martin, 1992, Convergence. Journal of Political Economy 100, 223-251.
2. Barro, Robert J., N. Gregory Mankiw, and Xavier Sala-i-Martin, 1995, Capital mobility in neoclassical models of growth, American Economic Review 85, 103-115.
3. Ben-David, Dan, 1994, Convergence clubs and diverging economics, Working paper 922 (CEPR, London).
4. Bernard, Andrew B. and Steven N. Durlauf, 1996. Interpreting tests of the convergence hypothesis. Journal of Econometrics, forthcoming.
5. Canova, Fabio and Albert Marcet, 1995, The poor stay poor: Non-convergence across countries and regions, Discussion paper 1265 (CEPR, London).
6. Carlino, Gerald A. and Leonard Mills, 1993, Are US regional incomes converging? A time scries analysis, Journal of Monetary Economics 32, 335-346.
7. den Haan, Wouter J., 1995, Convergence in stochastic growth models: The importance of understanding why income levels differ, Journal of Monetary Economics 35, 65-82.
8. Friedman, Milton, 1992, Do old fallacies ever die?, Journal of Economic Literature 30, 2129-2132.
9. Galor, Oded, 1996, Convergence? Inferences from theoretical models. Economic Journal 106, 1056-1080.
10. Kelly, Morgan, 1992, On endogenous growth with productivity shocks, Journal of Monetary Economics 30, 47-56.
11. Long, John B. and Charles I. Plosser, 1983, Real business cycles. Journal of Political Economy 91, 39-69.
12. Lucas, Jr., Robert E., 1988, On the mechanics of economic development, Journal of Monetary Economics 22, 3-42.
13. Lucas, Jr., Robert E., 1993, Making a miracle, Econometrica 61, 251-271.
14. Nelson, Charles R. and Charles I. Plosser, 1982, Trends and random walks in macrocconomic time series, Journal of Monetary Economics 10, 129-162.
15. Parente, Stephen L. and Edward C. Prescott, 1993, Changes in the wealth of nations. Federal Reserve Bank of Minneapolis Quarterly Review 17, 3-16.
16. Quah, Danny. 1993a, Empirical cross-section dynamics in economic growth, European Economic Review 37, 426-434.
17. Quah, Danny, 1993b, Gallon's fallacy and tests of the convergence hypothesis, Scandinavian Journal of Economics 95, 427-443.
18. Quah, Danny T., 1995, International patterns of growth: II. Persistence, path dependence and sustained take-off in growth transition, Working paper (Economics Department, LSE, London).
19. Quah, Danny T., 1996a, Convergence empirics across economics with (some) capital mobility. Journal of Economic Growth 1, 95-124.
20. Quah, Danny T., 1996b. Empirics for economic growth and convergence, European Economic Review 40, 1353-1375.
21. Quah, Danny T., 1996c, Ideas determining convergence clubs, Working paper (Centre for Economic Performance, LSE, London).
22. Quah, Danny T., 1996d, Twin peaks: Growth and convergence in models of distribution dynamics, Economic Journal 106, 1045-1055.
23. Romer, Paul M., 1986, Increasing returns and long-run growth. Journal of Political Economy 94, 1002-1037,
24. Romer, Paul M., 1994, The origins of endogenous growth, Journal of Economic Perspectives 8, 3-22.
25. Stokey, Nancy L. and Robert E. Lucas Jr. (with Edward C. Prescott), 1989, Recursive methods in economic dynamics (Harvard University Press, Cambridge, MA).