Long run dynamics of regional growth in Chile

Oyarzún, Carlos; Araya, Ivan

dc.creator	Oyarzún, Carlos
dc.creator	Araya, Ivan
dc.date	2016-05-04
dc.date.accessioned	2022-07-05T18:33:06Z
dc.date.available	2022-07-05T18:33:06Z
dc.identifier	https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40787
dc.identifier.uri	https://revistaschilenas.uchile.cl/handle/2250/188888
dc.description	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
dc.description	Este trabajo examina al proceso de crecimiento regional en Chile utilizando un enfoque de series de tiempo. En particular, se testea la hipótesis de una raíz unitaria en el (log) de las razones de producto per cápita entre todos los posibles pares de regiones. Se verifica que existen dos grupos de regiones que presentan convergencia entre grupos y dos que no lo hacen.	es-ES
dc.format	text/html
dc.language	eng
dc.publisher	Departamento de Economía - Facultad de Economía y Negocios, Universidad de Chile.	en-US
dc.relation	https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40787/43552
dc.source	Estudios de Economía; Vol. 28 No. 1 (2001): June; pp. 69-78	en-US
dc.source	Estudios de Economía; Vol. 28 Núm. 1 (2001): June; pp. 69-78	es-ES
dc.source	0718-5286
dc.source	0304-2758
dc.subject	Convergence	en-US
dc.subject	Cointegration	en-US
dc.subject	Unit root tests	en-US
dc.subject	Level Shifts	en-US
dc.subject	Chilean Economy	en-US
dc.title	Long run dynamics of regional growth in Chile	en-US
dc.title	Long run dynamics of regional growth in Chile	es-ES
dc.type	info:eu-repo/semantics/article
dc.type	info:eu-repo/semantics/publishedVersion

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