A Nordic convergence club?
AbstractTests of the Convergence Hypothesis, or the tendency for per capita income levels to narrow over time, have generally utilized cross-sectional data from a wide range of disparate coun7 tries and resulted in conflicting evidence. Using modern time series tests we find evidence of a Nordic Convergence Club comprising Sweden, Denmark and Finland. It excludes Norway which overtakes Sweden in the 1970s showing no tendency to reversion.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 6 (1999)
Issue (Month): 3 ()
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- S. Alexiadis & J. Tomkins, 2004. "Convergence clubs in the regions of Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 11(6), pages 387-391.
- Liew, Venus Khim-Sen & Ahmad, Yusuf, 2006.
"Income convergence: fresh evidence from the Nordic countries,"
3637, University Library of Munich, Germany, revised Mar 2007.
- Venus Khim-Sen Liew & Yusuf Ahmad, 2009. "Income convergence: fresh evidence from the Nordic countries," Applied Economics Letters, Taylor & Francis Journals, vol. 16(12), pages 1245-1248.
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