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convergence and clustering procedure of Phillips and Sul (2007). Using quarterly data covering the period of 1974Q1 to 2012Q4 … provinces do not form a homogeneous convergence club. In particular, the aggregate housing market supports the presence of three … convergence clubs with the tendency of provinces to converge or diverge varying across subsequent segments. Unlike the middle …
Persistent link: https://www.econbiz.de/10010764582
Persistent link: https://www.econbiz.de/10010557919
Purpose –This paper aims to explore convergence of accounting standards across worldwide adopted measures to … a tendency to act so. Design/methodology/approach –The new panel convergence methodology, developed by Phillips and Sul … attempts to formally measure whether the accounting world exhibits a tendency for accounting standards convergence or whether …
Persistent link: https://www.econbiz.de/10010941817
This paper estimates Okun's coefficient for certain regional areas in Greece over the period 1960-1997. Through the Hordic-Prescott filtering anf the band-pass filtering the empirical analysis shows that the coefficient do not exhibits substantial interregional differences, exept for the case of...
Persistent link: https://www.econbiz.de/10014217075
This research establishes that the emergence, prevalence, recurrence, and severity of intrastate conflicts in the modern era reflect the long shadow of prehistory. Exploiting variations across national populations, it demonstrates that genetic diversity, as determined predominantly during the...
Persistent link: https://www.econbiz.de/10011252653
evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10009002382
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While classical economists advanced the hypothesis that inequality is beneficial for growth, the neoclassical paradigm dismissed the...
Persistent link: https://www.econbiz.de/10009021946
evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10009021950
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10009370951
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a signi.cant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10009370952