Dawson, John; Strazicich, Mark - In: Applied Economics Letters 17 (2010) 9, pp. 909-912
This article uses data on real per capita incomes from 1900 to 2001 to test for stochastic convergence in a diverse group of 29 countries. We utilize LM unit root tests to endogenously determine the number and location of structural breaks for each country. These tests avoid spurious rejections...