Cellini, Roberto; Scorcu, Antonello E. - In: Empirical Economics 25 (2000) 3, pp. 463-474
This paper analyzes the stochastic convergence in per capita income levels among the current G-7 over the period 1900-89. We show that, in the presence of possible structural breaks, the strong condition of stationary pair-wise differences between per capita GDP holds in more cases than...