Long run dynamics of regional growth in Chile

Author	dc.contributor.author	Oyarzún, Carlos
Author	dc.contributor.author	Araya, Iván	es_CL
Admission date	dc.date.accessioned	2010-12-28T17:05:38Z
Available date	dc.date.available	2010-12-28T17:05:38Z
Publication date	dc.date.issued	2001-06
Cita de ítem	dc.identifier.citation	Estudios de economía. Vol.28 No. 1 Junio 2001 Pags. 69-78	en_US
Identifier	dc.identifier.uri	https://repositorio.uchile.cl/handle/2250/127844
Abstract	dc.description.abstract	The aim of this article is to examine the process of economic growth in the regions of Chile using a time series approach. In particular, we test the hypothesis of a unit root in the log of the ratios of per capita product between every possible pair taken from the 13 regions. The ‘acceptance’ of the null hypothesis means that the ratio of the per capita product doesn’t tend to revert to a deterministic constant value and therefore, one of the definitions of convergence in Bernard and Durlauf (1996) is violated. We have found that there are two groups of regions that show within-group convergence but the two groups don’t converge. Also, there are two regions that don’t converge with any other region of the country.	en_US
Lenguage	dc.language.iso	en	en_US
Publisher	dc.publisher	Universidad de Chile. Facultad de Economía y Negocios	en_US
Keywords	dc.subject	Convergence	en_US
Título	dc.title	Long run dynamics of regional growth in Chile	en_US
Document type	dc.type	Artículo de revista