Pekkurnaz, Didem - In: Journal of Reviews on Global Economics 4 (2015), pp. 76-86
This paper examines the convergence in health expenditure across 22 OECD countries between 1980 and 2012 by implementing panel unit root tests. Contribution of application of the nonlinear asymmetric heterogeneous panel unit root test is twofold. Firstly, it relaxes the assumption of...