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of spatial correlation we estimate the convergence rate of wages across Kazakh regions for the period 2003-2009. The … estimated convergence rate is about 3% which is somewhat higher than estimates obtained for the USA and Europe. At the same time … there is slight divergence in the GRP per capita. It is argued that convergence in wages which coincides with divergence in …
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approximately 71-80% of all countries face sigma-convergence. Finally, we study different major determinants of the level of ….e., the determinants of the convergence process. We find evidence for an N-shaped relationship between development and …
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The aim of the present article is to analyze the convergence of regional inflation rates in Turkey from 2004 to 2015 by … adopting a distribution dynamics approach, namely discrete time Markovian chains. Convergence across regional inflation rates … and disinflation process in Turkey is coupled with convergence in inflation rates across regions. These results are …
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