Catching-up and club convergence from cross-national perspective. A statistical study for the period 1980-2010.

Ewa, Lechman (2011): Catching-up and club convergence from cross-national perspective. A statistical study for the period 1980-2010. Forthcoming in:

Abstract

The paper present the analysis outcomes on the catching-up process. Additionally it seeks for identifying the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process as well as the per capita income dynamics across time. The author finds no statistically significant relationship between average annual GDP PPP per capita growth rates (as exponential growth rate) and initial GDP PPP per capita (as natural logarithm) in a selected group of countries. The author also identifies the existence of “rich country cluster” and “poor country cluster” in the analyzed sample. The author applies for statistical analysis the country sample composed from 101 economies. All data concerning GDP PPP per capita are drawn from the IMF World Economic Outlook Database 2011. The time coverage is 1980-2010.

• Item Type: MPRA Paper
• Language: English
• Keywords: Catching-up, income convergence, club convergence
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C10 - General; E - Macroeconomics and Monetary Economics > E0 - General > E00 - General; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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