Das, Samarjit; Pal, Ajoy; Chakrabarty, Manisha - In: Journal of Economics and Econometrics 55 (2012) 3, pp. 46-77
This paper proposes tests for intercept homogeneity in stationary dynamic panel framework which are robust to cross-sectional dependence. We then argue that these tests can be used as a test for absolute convergence assuming that conditional convergence holds. The proposed tests are shown to...