Search Results - subject:"Conditional Convergence"

What´s Happening to Per Capita Gdp in the ASEAN Countries?. An Analysis of Convergence, 1960-2001

Chowdhury, K - In: Applied Econometrics and International Development 5 (2005) 3

In this paper we have examined the issue of convergence of per capita GDP across 9 ASEAN countries during 1960-2001 using World Bank data. Empirical results failed to find evidence of ? convergence, ? convergence and conditional ? (?c) convergence in ASEAN countries. The reasons for...

Persistent link: https://www.econbiz.de/10004965285

Using panel unit root tests to evaluate the income convergence hypothesis in middle East and North Africa countries.

Guetat, Imène; Serranito, Francisco - Maison des Sciences Économiques, Université Paris 1 … - 2005

break in the unit root tests, the hypothesis is accepted for more groups. The conditional convergence requires panel unit … root tests with fixed individual effects. Again, during the whole periods, the conditional convergence is accepted for the … convergence and sample bias of the multivariate cointegration techniques. We test both the absolute and the conditional …

Persistent link: https://www.econbiz.de/10005797771

How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility?

Prasad, Eswar; Terrones, Marco; Kose, M. Ayhan - International Monetary Fund (IMF) - 2005

The influential work of Ramey and Ramey (1995) highlighted an empirical relationship that has now come to be regarded as conventional wisdom-that output volatility and growth are negatively correlated. We reexamine this relationship in the context of globalization-a term typically used to...

Persistent link: https://www.econbiz.de/10005825974

Growth and Convergence across the US: Evidence from County-Level Data

Higgins, Matthew J.; Levy, Daniel; Young, Andrew T. - Department of Economics, Bar Ilan University - 2005

We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates around 2 percent; 3SLS yields 6–8 percent; (2)...

Persistent link: https://www.econbiz.de/10008540674

Economic Growth and Conditional Convergence: Its Speed For Selected Regions For 1961-2001

Mathur, Somesh K. - In: Indian Economic Review 40 (2005) December, pp. 185-208

convergence' hypotheses and also work out the speed of conditional convergence for EU, East Asian and South Asian regions together … from 1961-2001. Conditional convergence is prevalent among almost all pairs of regions in our sample except East Asian and … South Asian nations together. Speed of conditional convergence ranges from 0.2 % in an year to 22%. Countries that are poor …

Persistent link: https://www.econbiz.de/10005582847

Absolute and Conditional Convergence: Its Speed for Selected Countries for 1961--2001

Mathur, Somesh Kumar - EconWPA - 2005

convergence' and 'conditional convergence' hypotheses and also work out the speed of absolute and conditional convergence for … countries of South Asia, East Asia and European Union together particularly after the 1980s. Conditional convergence is … conditional convergence ranges from 0.2 % in an year to 22%.In the European nations, the speed of conditional convergence works …

Persistent link: https://www.econbiz.de/10005561145

Absolute and Conditional Convergence: Its Speed for Selected Countries for 1961--2001

Mathur, Somesh Kumar - EconWPA - 2005

convergence' and 'conditional convergence' hypotheses and also work out the speed of absolute and conditional convergence for … 1980s. Conditional convergence is prevalent among almost all pairs of regions in our sample except East Asian and South … Asian nations together.Speed of conditional convergence ranges from 0.2 % in an year to 22%.In the European nations, the …

Persistent link: https://www.econbiz.de/10005125693

Absolute Convergence Under Cross-sectional Dependence: Theory and Evidence

Das, Samarjit; Pal, Ajoy; Chakrabarty, Manisha - In: Journal of Economics and Econometrics 55 (2012) 3, pp. 46-77

-sectional dependence. We then argue that these tests can be used as a test for absolute convergence assuming that conditional convergence …. Though conditional convergence is found for both EU and OECD countries in terms of growth rates using panel unit root tests …

Persistent link: https://www.econbiz.de/10011078550

Multiple equilibria in the dynamics of financial globalization: The role of institutions

Van Campenhout, Bjorn; Cassimon, Danny - In: Journal of International Financial Markets, … 22 (2012) 2, pp. 329-342

controlling for the quality of institutions eliminates conditional convergence of global financial integration. Our results …

Persistent link: https://www.econbiz.de/10010576373

Looking to 2060: Long-Term Global Growth Prospects: A Going for Growth Report

Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2012

This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...

Persistent link: https://www.econbiz.de/10011276725