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we explore whether or not increased globalization fosters income convergence. Based on a panel of up to 184 countries … political dimensions) of globalization is robustly related to income convergence …
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Some economists have argued that the process of disintegration of world economy between the two World Wars has led to …
Persistent link: https://www.econbiz.de/10014105176
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-of-law are key among those characteristics. Globalization provides opportunities for agents in poor economies to learn about and … experiment with institutional innovations across regions. We estimate the relationship between globalization and cross …-country income convergence using a panel of up to 184 countries covering 1970 to 2009. We employ the KOF index of globalization and …
Persistent link: https://www.econbiz.de/10012965667
Noting that few studies to date have investigated the determinants of social cohesion in a comprehensive and systematic manner, this paper examines the macro-level determinants of social cohesion using a panel of up to 92 developing and developed countries for the period 1990-2020. Employing the...
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The article proposes a technique, based on the predictive density of the data, conditional on the parameters of the model, to jointly tests for groups of unknown size in a panel and to estimate the parameters of each group. The procedure is applied to the problem of identifying convergence clubs...
Persistent link: https://www.econbiz.de/10014073014
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