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Do Natural Resources Define Convergence Clubs? Empirical Evidence from the Kazakh Regions

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  • Miriam Frey

    ()
    (IOS Regensburg)

  • Carmen Wieslhuber
  • Daniel Frey

Abstract

Abstract This paper deals with the hypothesis that natural resources are important in forming convergence clubs. We check this hypothesis by applying a dependence and an endowment measure of natural resource abundance and a regression tree analysis. The results indicate that for the Kazakh regions natural resources indeed play an important role in forming convergence clubs. It is further shown that rather natural resource endowment than resource dependence determines initial conditions and thereby convergence clubs.

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Paper provided by Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies) in its series Working Papers with number 329.

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Length: 16
Date of creation: Apr 2013
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Handle: RePEc:ost:wpaper:329

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Keywords: Convergence clubs; Natural resources; Regression tree; Kazakhstan;

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