Time series test of nonlinear convergence and transitional dynamics
Publication in refereed journal


香港中文大学研究人员 ( 现职)

庄太量教授 (经济学系)

全文

数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.econlet.2008.02.025

引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/21WOS source URL

其它资讯

摘要This paper revisits the income convergence hypothesis by using the nonlinear unit root test of Kapetanios et a). [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. (C) 2008 Elsevier B.V. All rights reserved.

着者Chong TTL, Hinich MJ, Liew VKS, Lim KP
期刊名称Economics Letters
出版年份2008
月份9
日期1
卷号100
期次3
出版社Elsevier
页次337 - 339
国际标準期刊号0165-1765
电子国际标準期刊号1873-7374
语言英式英语

关键词catching up; long-run convergence; nonlinear unit root test; OECD
Web of Science 学科类别Business & Economics; Economics; ECONOMICS