FIGUERAS ALBERTO
Capítulos de libros
Título:
?Analysis of Regional Income Mobility in Argentina?
Libro:
Trade, integration and economic development
Editorial:
Springer- Verlag Wien
Referencias:
Lugar: Wien; Año: 2008; p. 325 - 350
Resumen:

We study regional income mobility in Argentina using annual data for the 1980 – 1998 period. The Hodrick-Prescott filter allows us to disentangle the cyclical from the trend components in the series. Annual transition matrices are estimated but other time-spans are also taken into account: 2, 3, 6, 9, and 18 years. An ergodic vector is obtained which points to an important degree of polarisation in the long-run.

            For the 1986 – 1998 period we obtain significantly different results because the long-run outcome now crucially depends on the initial conditions and, consequently, points to a much higher degree of polarisation.

 

Keywords: Markov Chains, Mobility, Transition, Ergodic Vector, Beta Convergence, Hodrick-Prescott Filter, Argentine Provinces.