Showing 1 - 10 of 104
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond’s (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...
Persistent link: https://www.econbiz.de/10010294545
We estimate the speed of income convergence for a sample of 196 European NUTS 2 regions over the period 1985-1999. So … convergence of 6.9 per cent and a capital elasticity of 0.43. …
Persistent link: https://www.econbiz.de/10010295552
This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African … (Christianity and Islam). Findings provide partial support for the existence of absolute convergence in some dynamics. Only sub …-Saharan Africa reveals conditional convergence in relation to per capita number of listed companies. The speed of convergence for the …
Persistent link: https://www.econbiz.de/10011390786
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011390790
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also …-2000. Overall, the results do not support output convergence, and suggest that the findings of convergence clubs in the literature …
Persistent link: https://www.econbiz.de/10010276156
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also …-2000. Overall, the results do not support output convergence, and suggest that the findings of convergence clubs in the literature …
Persistent link: https://www.econbiz.de/10010276183
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