Economic convergence model

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startz
Non-normality and collinearity are NOT problems!
Posts: 3775
Joined: Wed Sep 17, 2008 2:25 pm

Re: Economic convergence model

Postby startz » Thu Jul 09, 2015 6:56 pm

I suspect that with only 4 observations you're not going to get anywhere.

camilogzlez
Posts: 8
Joined: Mon Mar 23, 2015 4:45 pm

Re: Economic convergence model

Postby camilogzlez » Fri Jul 10, 2015 3:27 pm

:? Tank you!

pkoudoum
Posts: 1
Joined: Tue Apr 17, 2018 2:56 am

Re: Economic convergence model

Postby pkoudoum » Tue Apr 17, 2018 8:13 pm

Dear forum administrator and users
I would appreciate if you could help me on how to estimate the b convergence of 13 regions (regional GDP per capita) with the European Union mean value of GDP per capita, based on Sala-i-Martin, Xavier X. (1995) : The Classical Approach to Convergence Analysis, Center Discussion Paper, No. 734
(1/T)*(Ln(Yi,t/Yi,0)=c-B*Ln(Yi,0)+e
As you can see in the attached excel file my data is from 2000 to 2016 for 13 regions (el51, el52… el43) and for the European Union (gdp_eu)
As I can understand from my initial efforts, I have not entered the data properly. So please give me some advice on this topic too.
Thank you in advanced
pkoudoum
Attachments
pkoudoum_data.xlsx
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