Chong, Terence Tai-Leung and Hinich, Melvin J. and Liew, Venus Khim-Sen and Lim, Kian-Ping (2008) Time series test of nonlinear convergence and transitional dynamics. Economics Letters, 100 (3). pp. 337-339. ISSN 0165-1765
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Abstract
This paper revisits the income convergence hypothesis by using the nonlinear unit root test of Kapetanios et al. [Kapetanios, G., Shin, Y. and A. Snell, 2003. Testing for a unit root in the nonlinear STAR framework. Journal of Econometrics 112, 359–379.]. Out of the 12 OECD income gaps in which nonlinearity has been detected, two cases of long-run converging and four cases of catching up are found.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | OECDLong-run convergenceCatching upNonlinear unit root test, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak. |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HC Economic History and Conditions |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Gani |
| Date Deposited: | 02 Aug 2019 03:53 |
| Last Modified: | 20 Jan 2022 00:32 |
| URI: | http://ir.unimas.my/id/eprint/26249 |
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