TITLE:
Expanded Barro Regression in Studying Convergence Problem
AUTHORS:
Nguyen Khac Minh, Nguyen Khac Minh, Pham Van Khanh
KEYWORDS:
Convergence, Barro Regression, Markov Model, Expanded Barro Regression
JOURNAL NAME:
American Journal of Operations Research,
Vol.4 No.5,
September
15,
2014
ABSTRACT: This study develops the approach by Minh & Khanh [1] to the classic Barro and Sala-i-Martin method [2], [3] named “expanded Barro regression method”, and applies this approach in analyzing the convergence of provincial per capita GDP in Vietnam over the period of 1991-2007. Different aspects of provincial convergence are considered in this paper. The estimated result on conver-gence from our model is compared to other models.