stochastic convergence, based on panel unit root tests, is only strong for the political globalization index. Regarding the … economic and social dimensions of globalization, respectively, we find evidence for stochastic convergence only in the flows … and cultural proximity sub-indices. For the OECD subsample, evidence supports stochastic convergence for the overall …

Our study analyses stochastic convergence of relative real GDP per capita in the West African Economic and Monetary … Lopez-Bazo (2005), we show that there was stochastic convergence in the WAEMU, by allowing for multiple level and slope …

the period 1950-2010. The univariate results attained from the stochastic convergence test provide that convergence does …

The main aim of this study is to analyze stochastic convergence dynamics for selected East Asian and Pacific countries … form for structural breaks. Our test results show that we cannot reject the stochastic convergence hypothesis for Australia …

convergence. These insights encourage the use of different economic measures when studying stochastic convergence. …