Brüggemann, Ralf; Trenkler, Carsten - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2005
The catching up process in Czech Republic, Hungary, and Poland is analyzed by investigating the integration properties of log-differences in per-capita GDP versus the EU15 and a Mediterranean country group. We account for structural changes by using unit root tests that allow for two endogenous...