Purpose: The primary purpose of this study is to examine whether the classification of industries into the tradable and nontradable matters for the Balassa–Samuelson (BS) effect. Design/methodology/approach: The study uses annual data for 38 countries from 1995 to 2014. To examine whether the...

Purpose: The purpose of this paper is to examine the convergence analysis of public debt among Indian states using annual data from 1990‒1991 to 2014‒2015. Design/methodology/approach: The paper tests this hypothesis using club convergence technique propounded by Phillips and Sul (2007)....

Purpose: This paper investigates the per-capita output club convergence in case of 120 countries for the period 1995–2015. Further, we disaggregate per-capita output into three broad sectors such as agriculture, industry, and service and investigate the convergence hypothesis....