Mapa, Dennis S; Sandoval, Monica Flerida B; Yap, David … - Volkswirtschaftliche Fakultät, … - 2009
convergence indicates a need to reevaluate existing regional and national economic policies on development. Dynamic convergence …This paper investigates the presence of stochastic and dynamic convergence of the 14 regional economies in the … convergence, which indicates convergence of regions in the long-run, is tested using Levin, Lin & Chu (LLC) and Im, Pesaran & Shin …