Ozcan, Burcu - In: Journal for Economic Forecasting (2014) 3, pp. 22-38
In this study, we examine both stochastic and deterministic convergence in the logarithm of the relative per capita income of eighteen EU countries. The panel stationary test developed by Carrion-i Silvestre et al. (2005) is employed over the period 1950-2010. The univariate results attained...