We investigate whether the convergence hypothesis in 13 Korean regional economies for the period 1985 to 2011 exists allowing technological spillover and spatial interdependence. We use the spatial dynamic panel data approach including the spatial Durbin model. When we use the spatial lag model...

Allowing for multiple structural breaks and cross-section dependence, we re-investigate the hypothesis that the catch-up rates stochastically converge for 13 Asian countries from 1960 to 2007. Non-rejection of stationarity provides evidence for stochastic convergence, implying that following...

This paper tests the null hypothesis of endogenous growth theories which predict cross country differences in trend growth rates against the alternative hypothesis of exogenous growth theories which predict the same trend growth rates. We use the modified test procedure with heterogeneous...

This paper tests the null hypothesis implied by exogenous growth that the share of government consumption in output affects the level of output but not its growth rate against the alternative hypothesis implied by endogenous growth that the growth rate is also affected. The results provide...

A regression equation nesting a variant of Rebelo's (Journal of Political Economy, 99, 500-21, 1991) AK model with Solow's (1956) neoclassical model is developed. The null hypothesis implied by endogenous growth tests that individual countries face constant returns to the accumulation of...

This study pays special attention to adolescents who are at the critical stage of social, cognitive and emotional development and their satisfaction with school life which is important for their educational experience and adult life. The purpose of this study is to examine how students’...

This study evaluates regional convergence and efficiency among 13 regions in Korea over the period 1985-2002 using stochastic frontier production model which allows for regional inefficiency and heterogeneity. Evidence is found in favour of regional convergence in Korea, with a lower rate of...

Using data on per capita income among 13 regions in Korea over the period 1985-2002, regional convergence is evaluated. This study uses panel cointegration tests and a random coefficient model that allows both regional differences and similarities to estimate the Solow growth model. The model...