D'Amato, Marcello; Pistoresi, Barbara - In: Applied Economics 29 (1997) 2, pp. 135-144
The study is of short-run and long-run co-movements and convergence across 21 OECD real per capita outputs on a sample period spanning 1960 to 1992 using dynamic principal components analysis and coherence analysis. We reject the hypothesis of convergence, but find evidence for long-run growth...