Lin, Pei-Chien; Lin, Chun-Hung; Ho, I-Ling - In: The Annals of Regional Science 50 (2013) 1, pp. 223-243
The validity of regional economic clubs requires that two conditions be met. First, per capita output between clubs diverges so that the poor region can hardly catch up with the rich one. Second, per capita outputs within each club converge to similar steady states. This paper applies unit root...