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Convergence clubs in the regions of Greece
Applied Economics Letters, 2004Although there have been numerous studies on economic convergence, at both national and regional levels, the concept of club convergence has received far less attention. A convergence club implies the existence of a set of economies that in the long run are driven to a common steady-state position.
S. Alexiadis, J. Tomkins
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Financial development, economic growth and convergence clubs
Applied Economics, 2018To study the role of financial development in economic growth, we apply an array of convergence tests designed to capture nonlinear transitional dynamics to real outputs per capita. Strong evidence of multiple convergence clubs is observed, implying that
Tolina Fufa, Jaebeom Kim
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Innovation convergence clubs and driving factors within urban agglomeration
Economic Modelling, 2023Wen-Yu Cui, J. Tang
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Environmental science and pollution research international, 2022
Rafael Alvarado +6 more
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Rafael Alvarado +6 more
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Technology adoption and club convergence [PDF]
, 2010 A model of regional convergence is developed in which the pattern of convergence is attributed to the rate of technological adoption across regions. If absorptive abilities vary across regions, convergence is constrained within a certain group of regions that share common structural characteristics.
Alexiadis, Stilianos, Tomkins, Judith
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CONVERGENCE CLUBS AND ENDOGENOUS GROWTH
Oxford Review of Economic Policy, 1992Recent data indicate a wide disparity in the growth performance of different nations. Such disparities have usually been taken to imply that there is to much catching up or convergence taking place. Using a modified version of the endogenous growth approach, we show that convergence is occurring but in a non-equalizing manner.
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The impact of globalization on the ecological footprint: do convergence clubs matter?
Environmental science and pollution research international, 2021Şükrü Apaydın +2 more
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Understanding Regional Price Convergence Clubs in China
Economic development and cultural change, 2023Marina Glushenkova
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Convergence Clubs in Aggregate Efficiency
2020This chapter studies convergence in aggregate efficiency across developed and developing countries, respectively. Through the lens of a non-linear dynamic factor model, the cross-country dynamics of aggregate efficiency are evaluated over the 1990–2014 period. Results reject the hypothesis that all countries would eventually converge to a common steady-
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