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  • Convergence clubs among 15 OECD countries

    Author(s)
    Su, Jen-Je
    Griffith University Author(s)
    Su, Jen-Je
    Year published
    2003
    Metadata
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    Abstract
    This study investigates the question of convergence among 15 OECD countries, where convergence is defined in several ways, for example as joint stationarity of differences of log per capita real output. No convergence is found for the entire set of OECD countries, so a clustering algorithm is used to identify sets of countries for which convergence occurs. The sensitivity of these 'convergence clubs' is investigated to the definition of convergence, the data used, and various details of the econometric procedure.This study investigates the question of convergence among 15 OECD countries, where convergence is defined in several ways, for example as joint stationarity of differences of log per capita real output. No convergence is found for the entire set of OECD countries, so a clustering algorithm is used to identify sets of countries for which convergence occurs. The sensitivity of these 'convergence clubs' is investigated to the definition of convergence, the data used, and various details of the econometric procedure.
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    Journal Title
    Applied Economics Letters
    Volume
    10
    Issue
    2
    DOI
    https://doi.org/10.1080/1350485022000040989
    Subject
    Public Health and Health Services
    Applied Economics
    Banking, Finance and Investment
    Publication URI
    http://hdl.handle.net/10072/27753
    Collection
    • Journal articles

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