Convergence of Per Capita Output Levels Across Regions of Bangladesh, 1982-97

A Model of Financial Fragility

This paper has examined the phenomenon of convergence of per capita output levels across regions of Bangladesh during 1982-97. The main finding is that most of the regions of Bangladesh experienced strong convergence of per capita output levels during 1982-91. There are two other findings within the domain of convergence. First, a few poorer regions of the country did not demonstrate any output convergence for the full or part of the sample period. Second, no evidence has been found for regional convergence of per capita output levels during 1991-97 that coincided with opening up the economy.
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Volume/Issue: Volume 2000 Issue 121
Publication date: June 2000
ISBN: 9781451854374
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Business and Economics , Social Science , Economics- Macroeconomics , Demography , Emigration and Immigration , WP , output level , regression equation , Bangladesh economy , country map , Gulf country , beta convergence , per capita income , standard deviation , lagging country , Personal income , Production growth , Population growth , Migration , East Asia , Africa , Asia and Pacific , Global

Summary

This paper has examined the phenomenon of convergence of per capita output levels across regions of Bangladesh during 1982–97. The main finding is that most of the regions of Bangladesh experienced strong convergence of per capita output levels during 1982–91. There are two other findings within the domain of convergence. First, a few poorer regions of the country did not demonstrate any output convergence for the full or part of the sample period. Second, no evidence has been found for regional convergence of per capita output levels during 1991–97 that coincided with opening up the economy.