Results 281 to 290 of about 2,200,184 (341)
Club convergence in European regions [PDF]
Applied Economics Letters, 2006 This study investigates the ‘club convergence’ hypothesis applying the stochastic notion of convergence to groups of European regions. In order to avoid the group selection bias problem, the innovative regression tree technique was applied to select endogenously the most important variables in achieving the best identification of groups on the base of ...
DE SIANO, Rita, D'UVA, Marcella
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Herding behaviour and price convergence clubs in cryptocurrencies during bull and bear markets
, 2021This paper sets out to explore whether convergence and herding phenomena exist for digital currencies. Daily data cover a large spectrum of cryptocurrencies in separate bull and bear periods.
Stephanos Papadamou +3 more
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Divergence and club convergence in NATO
Empirical Economics, 2023This study examines whether there is convergence in military expenditures among NATO countries by using Philips and Sul (Econometrica 75:1771–1855, 2007) convergence methodology. We obtained the primary dataset of 27 NATO member countries between 2009 and 2021 for their military expenditures to accomplish this.
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On modelling convergence clubs
Applied Economics Letters, 2000A switching regression approach with imperfect sample separation information is used to determine convergence clubs. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP does not provide a perfect sample separation information, but the regimes classification obtained from an ...
Le Pen, Yannick, Fève, Patrick
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Applied Economics Letters, 1999
Tests of the Convergence Hypothesis, or the tendency for per capita income levels to narrow over time, have generally utilized cross-sectional data from a wide range of disparate coun7 tries and resulted in conflicting evidence. Using modern time series tests we find evidence of a Nordic Convergence Club comprising Sweden, Denmark and Finland.
LES OXLEY, DAVID GREASLEY
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Tests of the Convergence Hypothesis, or the tendency for per capita income levels to narrow over time, have generally utilized cross-sectional data from a wide range of disparate coun7 tries and resulted in conflicting evidence. Using modern time series tests we find evidence of a Nordic Convergence Club comprising Sweden, Denmark and Finland.
LES OXLEY, DAVID GREASLEY
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Mixture Models and Convergence Clubs [PDF]
SSRN Electronic Journal, 2008 In this paper we argue that modelling the cross-country distribution of per capita income as a mixture distribution provides a natural framework for the detection of convergence clubs. The framework yields tests for the number of component distributions that are likely to have more power than bump hunting tests and includes a natural method of ...
Johnson, Paul A. +2 more
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Nonlinearities in economic growth and club convergence
Empirical Economics, 2012This paper deals with heterogeneity and nonlinearities in the growth process by developing a two-stage strategy to identify and estimate a club convergence model with threshold externalities. Because of identification and collinearity problems, we develop an entropy-based estimation procedure which simultaneously takes account of ill-posed and ill ...
BERNARDINI PAPALIA, ROSA +1 more
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Financial development and convergence clubs [PDF]
, 2010 This paper studies the economic development process, measured by Gross Domestic Product (GDP), for a large panel of countries. We propose a methodology that identifies groups of countries (convergence clubs) that show similar GDP structures, while allowing for changes in club memberships over time. As a second step we analyze the short-run and long-run
Basturk, N., Paap, R., van Dijk, D.J.C.
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Convergence clubs in different regions of Serbia
, 2020This paper investigates the existence of club convergence on the NUTS (Nomenclaturedes Unités Territoriales Statistiques) 3 level in Serbia. While a common approach in investigating convergence is based on dividing units of observation a priori into ...
M. Barrios +3 more
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Club‐convergence and polarization of states
Indian Growth and Development Review, 2011PurposeThe purpose of this paper is to study the dynamics of the distribution of per capita income of Indian states in the post‐reform period, in order to identify trends towards convergence‐club formation, polarization or stratification during this period.Design/methodology/approachThe authors adopt the “distribution dynamics” framework that involves ...
Sabyasachi Kar +2 more
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