Li, Qing - In: Review of International Economics 7 (1999) 1, pp. 59-67
This paper investigates convergence patterns among 113 market economies. Incorporating different grouping methods, both ADF (augmented Dicke-Fuller) tests and KPSS (Kwiatkowski, Phillips, Schmidt, Shin) tests are used to examine whether countries converge to the group average. The test results...
