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Concordant Convergence Empirics

Author

Listed:
  • Don J Webber

    (School of Economics, University of the West of England)

  • Paul White

    (Faculty of Computing, Engineering and Mathematical Sciences, University of the West of England)

Abstract

We present a new model to test the convergence hypothesis based on the ideas of concordance and then employ the model to test empirically for GDP per capita convergence across 97 countries. Our results suggest the presence of switching, while there is more ‘strong divergence’ than ‘strong convergence’.

Suggested Citation

  • Don J Webber & Paul White, 2004. "Concordant Convergence Empirics," Working Papers 0409, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    • Handle: RePEc:uwe:wpaper:0409
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    File URL: http://carecon.org.uk/DPs/0409.pdf
    File Function: First version, 2004
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    Cited by:

    1. Jahan, Sumbul, 2013. "Does Convergence Exist?," MPRA Paper 48836, University Library of Munich, Germany.

    More about this item

    Keywords

    Convergence; Concordance; Income per capita.;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • F19 - International Economics - - Trade - - - Other

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