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a convergence process in governance outcomes across the sample countries throughout the study period, mainly due to the … suggest that the observed convergence will not continue indefinitely. Furthermore, the analysis carried out reveals that the …
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The purpose of this paper is to establish some basic facts about income inequality in the Philippines, with a special focus on the importance of spatial income inequality. Despite major fluctuations in macroeconomic performances, income inequality remained relatively stable during the years...
Persistent link: https://www.econbiz.de/10010284566
This paper investigates the conditional convergence of both human capital indicators and nominal per capita income …
Persistent link: https://www.econbiz.de/10008491478
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This paper uses an AutoCorrelation Function approach to develop new tests for international output convergence. Using … per capita GDP for 15 OECD countries observed over a century, we find that the hypothesis of conditional convergence is …
Persistent link: https://www.econbiz.de/10005075696
convergence rate across the U.S. is about 7 percent per year – higher than the 2 percent normally found with OLS in cross …-country, U.S. state, and European region samples. Estimated convergence rates for 32 individual states are above 2 percent with … an average of 8.1 percent. For 29 states the convergence rate is above 2 percent with 95 percent confidence. For seven …
Persistent link: https://www.econbiz.de/10005118829
literature since the mid-1980s. A summary of empirical analyses, econometric issues, and various tests of the convergence …
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