Showing 1 - 10 of 17
We propose a computationally efficient approximation for the double bootstrap bias adjustment factor without using the inner bootstrap loop. The approximation converges in probability to the population bias correction factor. We study the finite sample properties of the approximation in the...
Persistent link: https://www.econbiz.de/10009274533
in the analysis of the convergence process of European Union (EU15) regions by systematically applying a method to … results suggest that convergence pattern of EU regions depends on the spatial scale of analysis and that convergence occurs …
Persistent link: https://www.econbiz.de/10010796125
the link financial development - convergence/divergence to the advanced countries' growth. As predicted by literature, the … confirmed. We support only partially the role that the financial development could play in the acceleration of the convergence …
Persistent link: https://www.econbiz.de/10010835862
-country regression displays income convergence. However, their assumption that this derives from an augmented Solow model requires …
Persistent link: https://www.econbiz.de/10010836177
This paper uses the notions of convergence in ratio and of convergence in difference to investigate price convergence … strong convergence of prices in the poultry markets but not in the egg markets. The latter appear to be fragmented into a … number of price convergence clubs. …
Persistent link: https://www.econbiz.de/10005094843
This article analyzes the hysteresis hypothesis in the unemployment rates of the four “French overseas regions†(Guadeloupe, Martinique, Guyana, Reunion) [FORs] over the period 1993-2008. We use standard univariate and panel unit root tests, among them Choi (2006) and Lopez (2009) that...
Persistent link: https://www.econbiz.de/10008525342
Regional convergence has become a heated topic in recent decades. Most papers studying this question define regions … regions over the period 1995 to 2006. The results describe a process of income convergence among these regions. …
Persistent link: https://www.econbiz.de/10008525343
The aim of this paper is to test the stochastic convergence in real per capita GDP for 15 European countries using non … analysis. Our results offer little support to the stochastic convergence hypothesis for the whole period, while suggest the … presence of convergence in the first sub-period. …
Persistent link: https://www.econbiz.de/10005181994
estimation procedures our results support the long-run conditional convergence hypothesis and shows a positive and statistically …
Persistent link: https://www.econbiz.de/10008577391
implications in terms of growth and convergence. Using a large set of innovation variables, we estimate a growth model à la Barro … the estimation of a convergence model, which shows that differences in innovation between MENA countries explain … differences in the convergence process of these countries toward EU GDP per capita. These results have important policy …
Persistent link: https://www.econbiz.de/10008692046