Lima, Marcos; Resende, Marcelo - In: Applied Economics Letters 14 (2007) 5, pp. 333-335
The article investigated the convergence of real gross domestic product (GDP) per capita at the state level in Brazil during the 1985-1999 period. Departures across states were evaluated in terms of panel data unit root tests advanced by Im et al. (2003). The evidence indicated that one cannot...