Advanced Search
MyIDEAS: Login to save this paper or follow this series

Using panel unit root tests to evaluate the income convergence hypothesis in middle East and North Africa countries

Contents:

Author Info

  • Imène Guetat

    ()
    (TEAM)

  • Francisco Serranito

    ()
    (Université Paris 13)

Abstract

This article aims at testing the convergence hypothesis in MENA region using new tests of a unit root in panel data. Quah (1994, 1998), Evans & Karras (1996) and Bertrand & Jones (1996) recommend this technique to evaluate the income convergence hypothesis. According to them it avoids econometric problems of the cross-countries growth regressions testing convergence and sample bias of the multivariate cointegration techniques. We test both the absolute and the conditional convergence with panel unit roots tests using the Summers and Heston's data 5.2 and 6.1 on the periods of 1960 to 1990 and from 1960 to 2000. The absolute convergence hypothesis use panel unit roots test with no fixed individual effects. The catching-up hypothesis is accepted for most groups of the region countries during both periods (1960 to 1990 and 1960 to 2000). If we allow a break in the unit root tests, the hypothesis is accepted for more groups. The conditional convergence requires panel unit root tests with fixed individual effects. Again, during the whole periods, the conditional convergence is accepted for the major part of the remaining groups of MENA countries.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: ftp://mse.univ-paris1.fr/pub/mse/cahiers2005/Bla05003.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number bla05003.

as in new window
Length: 50 pages
Date of creation: Mar 2005
Date of revision:
Handle: RePEc:mse:wpsorb:bla05003

Contact details of provider:
Postal: 106 - 112 boulevard de l'Hôpital, 75647 Paris cedex 13
Phone: 01 44 07 81 00
Fax: 01 44 07 81 09
Email:
Web page: http://mse.univ-paris1.fr/
More information through EDIRC

Related research

Keywords: Conditional convergence; catching-up; panel unit root tests; Middle East and North Africa.;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mse:wpsorb:bla05003. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucie Label).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.