Camarero, Mariam; G. Flôres, Renato - In: Journal of Economic Integration 23 (2008), pp. 1-23
In this paper we propose the use of a sequential multivariate approach to test for convergence. These tests allow us to reconcile the time series literature with the cross-sectional dimension which is basic when testing for convergence in regional blocs. In addition, this methodology helps to...