Convergence and Modernisation
Bibliographic Data
| ID | 9715426 |
|---|---|
| Authors | Robert J Barros (0000-0003-3761-827X, Harvard University Press, corresponding author), Robert J Barro (Harvard University) |
| Year | 2015 |
| Volume | 125 |
| Issue | 585 |
| Pages | 911-942 |
| Publication date | 2015-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12247 |
| OpenAlex | W1700109461 |
| Language | EN |
| Citations received | 48 |
| References cited | 65 |
In a country panel since 1960, the estimated annual convergence rate for GDP is 1.7%, conditional on time‐varying explanatory variables. With country fixed effects, the estimated convergence rate is misleadingly high. With data starting in 1870, country fixed effects are reasonable and the estimated convergence rate is 2.6%. Combining the two estimates suggests conditional convergence close to the ‘iron‐law’ rate of 2%. With post‐1960 data, estimation without country fixed effects reveals positive effects of GDP and schooling on law and order and democracy – consistent with the modernisation hypothesis. With post‐1870 data, estimation without or with country fixed effects indicates modernisation
Conditional convergence · Convergence (economics · Econometrics · Economic growth · Economics · Estimation · Fixed effects model · Macroeconomics · Modernization theory · Order (exchange · Panel data · Rate of convergence · Culture, Economy, and Development Studies · Economic Growth and Development · Economic Growth and Productivity · Mathematics
What Remains of Cross-Country Convergence?
In crisis, we pray
Jumps into Democracy
The Decline of International Income Inequality? Cross-National Income Convergence Revisited
Human Capital and Economic Growth in OECD Countries Revisited
The Effect of Military Spending on Economic Growth
Growth and convergence in Eastern Partnership and Central Asian countries since the dissolution of the USSR—embarking on different development paths
Complexity, tacit knowledge and the scope for technological catch‐up
Global macroeconomic impacts of demographic change
Free trade agreements partnership and value chain linkages
Productivity effects of trade in natural resources—comparison with mechanisms of technological specialisation
Does economic globalisation promote economic growth? A meta‐analysis
Cross-country convergence
Judicial independence
Innovation Spillovers, Economic Growth, and the Role of Absorptive Ability
Assessing the performance of national innovation systems (NIS) in Sub-Saharan Africa
Income Convergence in Europe
The role of production factor quality and technology diffusion in twentieth-century productivity growth
Predicting the Water Rebound Effect in China under the Shared Socioeconomic Pathways
Long-run overweight levels and convergence in body mass index
Economic Convergence Among Asia-Pacific Economic Cooperation Members. A Comparative Analysis, 1960–2020
Are crimes against women in India converging? Some empirical observations
A reevaluation of human capital accumulation and economic growth in OECD
Whither South Korea’s economic growth? Growth deceleration, structural issue, and risk of stagnation
Heterogeneity in performance of science and technology parks in China
The effects of internal migration on regional convergence
Uzbekistan’s Development Experiment
The influence of highway on local economy
Economic development and democracy
Poverty reduction during 1990–2013
Economic growth, convergence, and world food demand and supply
The impact of knowledge diffusion on economic growth across countries
Shedding light on regional growth and convergence in India
Does flattening government improve economic performance? Evidence from China
The long-term causal effect of U.S. bombing missions on economic development
The new era of unconditional convergence
Directed technological change & cross-country income differences
An Empirical Investigation on Regional Disparities in Public Expenditures
The long-term effects of war on foreign direct investment and economic development
Agglomeration
Income and the (eventual) rise of democracy
The Arab region
Brain gain versus brain drain
Jumping the Gun
A comparative analysis of multi-scalar regional inequality in China
Speed of convergence in a Malthusian world
Migration and earnings in emigrant and immigrant countries - the case of Europe
Have Autocrats Governed for the Long Term
Polyarchy
Innovation and growth in the global economy
A Treatise on the Family
Competition and Innovation
Optimum Growth in an Aggregative Model of Capital Accumulation
Reopening the convergence debate
International R&D spillovers
Finance and Growth
Unconditional Convergence in Manufacturing
Growth Empirics
Optimum Technical Change in An Aggregative Model of Economic Growth
Income and Democracy
The Explanation of Productivity Change
Cross-Country Technology Diffusion
From Education to Democracy?
Estimating dynamic panel data models
Estimation and Inference in Dynamic Unbalanced Panel-data Models with a Small Number of Individuals
On bias, inconsistency, and efficiency of various estimators in dynamic panel data models
On the mechanics of economic development
Institutions and Economic Performance
Biases in Dynamic Models with Fixed Effects
Some Tests of Specification for Panel Data
The Colonial Origins of Comparative Development
Reversal of Fortune
The Economic Implications of Learning by Doing
Initial conditions and moment restrictions in dynamic panel data models
Economic Growth in a Cross Section of Countries
Determinants of Economic Growth
A Contribution to the Critique of Political Economy (1859)
Political Regimes and Economic Growth
Phases of Capitalist Development
Corruption and Growth
Colonialism and Modern Income
Technical Change and the Aggregate Production Function
A Model of Growth Through Creative Destruction
A new data set of educational attainment in the world, 1950–2010
Determinants of Democracy
Long-Run Policy Analysis and Long-Run Growth
Increasing Returns and Long-Run Growth
Law and Finance
Endogenous Technological Change
Diminishing Returns from Investment
Convergence
Economic Growth and Capital Accumulation
A Mathematical Theory of Saving
A Contribution to the Empirics of Economic Growth
A Contribution to the Theory of Economic Growth
Why does democracy need education
The World Economy
Why do Some Countries Produce So Much More Output Per Worker than Others
Do Institutions Cause Growth
Religion and Economic Growth across Countries
Issues in the Comparative Measurement of Political Democracy
Political Regimes and Economic Growth
Productivity Puzzles and R&D
Some Social Requisites of Democracy
| Unique citing works | 48 |
|---|---|
| Citations per year | 4,8 |
| Citation span | 2016 - 2026 (11) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 48 |