Holmes, Mark J. - In: Estudios de economía 33 (2006) 1, pp. 65-81
This paper tests for long-run output convergence between a sample of eight Latin American countries and over the study …, this paper defines two new concepts of output convergence where one allows for the possibility that output differentials … behaviour either switches between stationary and non-stationary regimes (partial convergence), or switches between stationary …