Business Intelligence

Urban Concentration And Economic Growth: Checking For Specific Regional Effects

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Executive Summary

By using a semi parametric specification, the authors examine the impact of urban concentration in economic growth on different groups of countries that they classify according to a geographical criterion or according to their level of development. Facing a significant proportion of missing data, they handle that problem with a multiple imputation algorithm as advised in the statistical literature. Therefore using Bayesian estimation they obtain parametric coefficients and non parametric curves. Then they may perform Yatchew's tests of equality of non parametric effects to check out if the model specification is the same in the different groups of countries.

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