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Using historical time-series data, we test for convergence and common trends in real per capita output for New Zealand … the fuzzy c-means clustering algorithm as an alternative basis for detecting convergence. The results of our time …-series analysis accord with earlier studies - we find limited evidence of (only bivariate) convergence, but ample evidence of a small …
Persistent link: https://www.econbiz.de/10005260592
The economic development and growth literature contains extensive discussions on relationships between exports and economic growth. One debate centers on whether countries should promote the export sector to obtain economic growth. An abundant empirical literature on this export-led growth (ELG)...
Persistent link: https://www.econbiz.de/10005626716