Segmented stochastic convergence across the G-7 countries

Cellini, Roberto ; Scorcu, Antonello E. (1998) Segmented stochastic convergence across the G-7 countries. DOI 10.6092/unibo/amsacta/735.
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Abstract

This paper analyzes the stochastic convergence in per capita income levels among the current G-7 over the period 1900-89. We show that, in the presence of possible structural breaks, the strong condition of stationary pair-wise differences between per capita GDP holds in many more cases than generally supposed. However, it occurs more frequently in the first part of the time sample than in the second one.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Cellini, Roberto
Scorcu, Antonello E.
Keywords
Cointegration Structural break Stochastic convergence
Subjects
DOI
Deposit date
17 Jun 2004
Last modified
17 Feb 2016 14:02
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