Are per capita incomes of MENA countries converging or diverging?

This study considers the issue of income convergence among the MENA (Middle East and North African) countries by using real per capita incomes over the period 1950–2006. We employed (Kapetanios et al. 2003) [21] unit root test by incorporating an additive constant and a trend component as Chong et al. (2008) [20] did in their study and found most of the MENA countries diverging during the sample period.

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Year of publication:	2010
Authors:	Tunali, Çiǧdem Börke ; Yilanci, Veli
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 389.2010, 21, p. 4855-4862
Publisher:	Elsevier
Subject:	Convergence hypothesis \| Conditional/deterministic convergence \| “Catching up” process \| Nonlinear unit root test \| MENA countries

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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