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dc.contributor.authorDobson, Stephenen_NZ
dc.contributor.authorGoddard, Johnen_NZ
dc.contributor.authorRamlogan, Carlynen_NZ
dc.date.available2011-04-07T03:06:24Z
dc.date.copyright2003-07en_NZ
dc.identifier.citationDobson, S., Goddard, J., & Ramlogan, C. (2003). Convergence in developing countries: evidence from panel unit root tests (Economics Discussion Papers Series No. 305). University of Otago. Retrieved from http://hdl.handle.net/10523/1075en
dc.identifier.urihttp://hdl.handle.net/10523/1075
dc.description.abstractDynamic panel unit root tests are used to investigate the convergence hypothesis for a sample of developing countries. The data are real per capita GDP for the period 1960-95, covering 80 countries grouped into three broadly defined regions. The traditional cross-section unconditional convergence model produces no evidence of intra-regional convergence. However, panel unit root tests, interpreted as tests of the conditional convergence hypothesis, produce some evidence of intra-regional convergence for Africa and Latin America/Caribbean but only weak evidence for Asia/Pacific. Overall the results lend support to some of the main hypotheses of both neo-classical and new growth theory.en_NZ
dc.format.mimetypeapplication/pdf
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/DP0305.pdfen_NZ
dc.subjectconvergenceen_NZ
dc.subjectdeveloping countriesen_NZ
dc.subjectpanel unit root testsen_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.titleConvergence in developing countries: evidence from panel unit root testsen_NZ
dc.typeDiscussion Paperen_NZ
dc.description.versionUnpublisheden_NZ
otago.bitstream.pages28en_NZ
otago.date.accession2006-02-03en_NZ
otago.schoolEconomicsen_NZ
otago.openaccessOpen
otago.place.publicationDunedin, New Zealanden_NZ
dc.identifier.eprints231en_NZ
otago.school.eprintsEconomicsen_NZ
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otago.relation.number305en_NZ
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