| dc.creator | Palomino, Juan | |
| dc.creator | Rodríguez, Gabriel | |
| dc.date | 2021-05-04T23:31:07Z | |
| dc.date | 2021-05-04T23:31:07Z | |
| dc.date | 2019-03 | |
| dc.date.accessioned | 2023-03-09T07:48:08Z | |
| dc.date.available | 2023-03-09T07:48:08Z | |
| dc.identifier | http://repositorio.pucp.edu.pe/index/handle/123456789/176219 | |
| dc.identifier | http://doi.org/10.18800/2079-8474.0478 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/6026904 | |
| dc.description | Documento de trabajo; 478 | |
| dc.description | This paper analyzes the process of spatial convergence of growth in Peruís 24 regions over 1979-
2017. We perform an exploratory analysis of spatial data with global and local statistics, such as
Moran I, to provide empirical evidence of spatial dependencies in regional per capita GDP. We then
estimate the convergence equation using spatial panel models that control for spatial heterogeneity
and spatial interdependence, as well as other structural economic features at the regional level. The
empirical results show that spatial convergence is a very reliable conclusion over this period, and
prove that spatial regional per capita GDP spillovers play an essential role in determining growth at
the local level. Furthermore, the Spatial Durbin model is preferred in the formation of four clusters
of convergence. The Örst cluster is highly productive and dynamic; the second cluster is composed
by Jungle and negative-productivity regions; the third cluster is formed by moderately productive
and Coast regions; and the fourth cluster is composed by stagnating and Highland regions. Finally,
these results may be instrumental in giving greater focus to long-run government policies targeting
stagnant and poor regions. | |
| dc.format | application/pdf | |
| dc.language | eng | |
| dc.publisher | Pontificia Universidad Católica del Perú. Departamento de Economía | |
| dc.publisher | PE | |
| dc.relation | urn:issn:2079-8466 | |
| dc.relation | urn:issn:2079-8474 | |
| dc.rights | Atribución-NoComercial-SinDerivadas 2.5 Perú | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.rights | http://creativecommons.org/licenses/by-nc-nd/2.5/pe/ | |
| dc.subject | Regional Convergence | |
| dc.subject | Regional Spillovers | |
| dc.subject | Spatial Dependence Modeling | |
| dc.subject | Spatial Panel Data Models | |
| dc.subject | Clusters of Convergence | |
| dc.subject | http://purl.org/pe-repo/ocde/ford#5.02.00 | |
| dc.title | Peru's Regional Growth and Convergence in 1979-2017: An Empirical Spatial Panel Data Analysis | |
| dc.type | info:eu-repo/semantics/workingPaper | |
| dc.type | Documento de trabajo | |
