TAR Panel Unit Root Tests and Real Convergence
The authors propose a new panel data methodology to test real convergence in a non-linear framework. This extends the existing methods by combining three approaches: the threshold model, the panel data unit root tests, and the computation of critical values by bootstrap simulation. The authors apply their methodology to the per capita outputs of a total of 15 European countries, including some of the East European countries that have recently joined the EU. Copyright © 2008 The Authors. Journal compilation © 2008 Blackwell Publishing Ltd.
Year of publication: |
2008
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Authors: | Beyaert, Arielle ; Camacho, Maximo |
Published in: |
Review of Development Economics. - Wiley Blackwell. - Vol. 12.2008, 3, p. 668-681
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Publisher: |
Wiley Blackwell |
Saved in:
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