Munich Personal RePEc Archive

Is Swaziland on a path of convergence towards her main trading partners?

Phiri, Andrew (2018): Is Swaziland on a path of convergence towards her main trading partners?

[img]
Preview
PDF
MPRA_paper_88790.pdf

Download (2MB) | Preview

Abstract

The Kingdom of Swaziland is a small, open economy which is heavily dependent on trade activity with neighboring and other industrialized countries. This study implements the recently-developed fractional frequency flexible Fourier form (FFFFF) unit root to examine the income convergence hypothesis for a dataset of per capita income differences between Swaziland and 5 of her main trading partners over a period of 1950 to 2016. With the exception of Japan, the empirical evidence indicates non-convergence of Swaziland towards her main trading partners.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.