PERSISTENCE IN CONVERGENCE AND CLUB FORMATION

ABSTRACT In this paper, we examine the convergence hypothesis using a long memory framework that allows for structural breaks and does not rely on a benchmark country using both univariate and multivariate estimates of the long memory parameter d. Using per capita GDP gaps, we confirm the findings o...

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Veröffentlicht in:	Bulletin of economic research 2018-04, Vol.70 (2), p.119-138
Hauptverfasser:	Stengos, Thanasis, Yazgan, M. Ege, Özkan, Harun
Format:	Artikel
Sprache:	eng
Schlagworte:	C32 Clubs Convergence convergence clubs Economic policy GDP Gross Domestic Product growth convergence long memory Memory Multivariate analysis O47
Online-Zugang:	Volltext
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