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period of ten years from 2020 to 2029. It studies the concept of economic convergence which states that the developing …, there is a presence of economic convergence pattern, as, during the initial two decades from 1979 - 89 & 1989 -99, the GDP …
Persistent link: https://www.econbiz.de/10013216161
models ; principal components ; convergence ; divergence ; Indian states …
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This paper examines U.S. per capita income convergence in 1929-2002 using a panel approach based on the assumptions of … conditional convergence to the nation, while at the same time allowing for regional-growth clubs in which states conditionally … should be examined. In particular, the estimates of convergence speed from previous studies are strongly affected by a post …
Persistent link: https://www.econbiz.de/10014070436
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10010426361
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This study provides new evidence on the relationship between finance and economic growth using an innovative dynamic panel threshold technique. The sample consists of 87 developed and developing countries. The empirical results indicate that there is a threshold effect in the finance-growth...
Persistent link: https://www.econbiz.de/10010195667
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