نتایج جستجو برای: Keywords: Convergence Club
تعداد نتایج: 2080458 فیلتر نتایج به سال:
in this paper, the formation of club convergence among real per capita gdp of iran’s provinces is tests through use of non-parametric quantile regression and distribution dynamics approach. the results show two convergence clubs are forming among provinces and most of them are converging toward poor club. also, calculation of convergence speed shows that there is a vast difference among economi...
Spatial club convergence is a group of regions which are adjacent to each other in space and have similar initial conditions and structural features while converging towards the same steady state in the economic development. Based on the Solow model, this paper builds a theoretical model to prove the mechanism of spatial club convergence. The spatial club convergence process is explored in inla...
The paper advocates and implements a new panel structure model to investigate the club convergence hypothesis. The model consists of a set of linear dynamic models that characterize the behavior of growth rates within each convergence club and a logistic regression that classifies these linear models. An EM algorithm is used to estimate the system by maximum likelihood and inference is conducte...
This paper assesses the existence of club convergence across countries by developing a two stage strategy, which employs information on clustering schemes identified by a mapping analysis and estimates a multiple-club spatial convergence model with non linearities and spatial dependence. Because of identification and collinearity problems, we introduce an entropy-based estimation procedure whic...
This paper attempts to ascertain which of the convergence hypotheses – absolute, conditional, or club – best describes the economic development of the U.S. states since 1950. We use regression tree analysis to identify convergence clubs among the states and argue that the club characterization of the data dominates the other two. We find three convergence clubs with a state's age and it's initi...
This paper contributes to the sparse literature on inequality convergence by empirically testing convergence across the U.S. States. This sample period encompasses a series of different periods that are discussed in the existing literature -the Great Depression (19291944), the Great Compression (1945-1979), the Great Divergence (1980-present), the Great Moderation (1982-2007), and the Great Rec...
The article uncovers profound empirical and conceptual shortcomings concerning the "one-size-fits-all" innovation and intellectual property-related policies used internationally. These policies surely are funneled by the World Trade Organization (WTO) and the TRIPS Agreement or the World Intellectual Property Organization (WIPO)'s archetypical Development Agenda. The article offers a novel deli...
We examine convergence in carbon dioxide emissions among 128 countries for the period 1960-2003 by means of a new methodology introduced by Phillips and Sul (Econometrica, 2007). Contrary to previous studies, our approach allows us to examine for evidence of club convergence, i.e. identify groups of countries that converge to different equilibria. Our results suggest convergence in per capita C...
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