Maasoumi, Esfandiar; Wang, Le - In: Econometrics Journal 11 (2008) 1, pp. 128-154
In this paper, we propose a new concept of convergence which is based on the metric entropy measure recently proposed by Granger et al. (2004, Journal of Time Series Analysis 25, 649--69) to investigate economic convergence in China. This entropy measure compares whole distributions of growth...