Naghshpour, Shahdad; Sergi, Bruno S. - In: International Journal of Economic Policy in Emerging … 2 (2009) 1, pp. 63-75
It was not possible to test the neoclassical convergence theory on communist countries until the collapse of communism. The method of beta convergence indicates divergence among the liberated countries of Southeast Europe from 1980-2006. A more advanced quantile regression also indicates...