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Catching-up and Club Convergence From Cross-National Perspective a Statistical Study for the Period 1980-2010

  • Ewa Lechman

    ()

    (Gdansk University of Technology, Poland)

The paper presents the analysis outcomes on the catching-up process. Additionally, it seeks to identify the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence, tracking the catching-up process as well as the per capita income dynamics across time. The author finds no statistically significant relationship between an average annual GDP PPP per capita growth rates (as exponential growth rate) and initial GDP PPP per capita (as natural logarithm) in a selected group of countries. The author also identifies the existence of “rich country cluster” and “poor country cluster” in the analyzed sample. For the statistical analysis the author applies the country sample composed of 101 economies. All data concerning GDP PPP per capita are drawn from the IMF World Economic Outlook Database 2011. The time coverage is 1980–2010.

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Article provided by Uniwersytet Mikolaja Kopernika in its journal Equilibrium. Quarterly Journal of Economics and Economic Policy.

Volume (Year): 7, Issue 3 (2012)
Issue (Month): ()
Pages: 95-109

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Handle: RePEc:cpn:umkequ:2012:v3:6
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  1. S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
  2. Spolaore, Enrico & Wacziarg, Romain, 2006. "The Diffusion of Development," CEPR Discussion Papers 5630, C.E.P.R. Discussion Papers.
  3. Gustav Ranis, 2004. "Human Development and Economic Growth," Working Papers 887, Economic Growth Center, Yale University.
  4. Rummaya & Wirya Wardaya & Erlangga Agustino Landiyanto, 2005. "Club Convergence & Regional Spillovers In East Java," GE, Growth, Math methods 0511008, EconWPA.
  5. Diego A. Comin & William Easterly & Erick Gong, 2008. "Was the Wealth of Nations Determined in 1000 B.C.?," Harvard Business School Working Papers 09-052, Harvard Business School.
  6. Berenger, Valerie & Verdier-Chouchane, Audrey, 2007. "Multidimensional Measures of Well-Being: Standard of Living and Quality of Life Across Countries," World Development, Elsevier, vol. 35(7), pages 1259-1276, July.
  7. Alexiadis, Stilianos & Tomkins, Judith, 2010. "Technology adoption and club convergence," MPRA Paper 21137, University Library of Munich, Germany.
  8. Neumayer, Eric, 2003. "Beyond income: convergence in living standards, big time," Structural Change and Economic Dynamics, Elsevier, vol. 14(3), pages 275-296, September.
  9. Davis, Lewis & Owen, Ann L. & Videras, Julio, 2007. "Do all countries follow the same growth process?," MPRA Paper 11589, University Library of Munich, Germany, revised Sep 2008.
  10. Rahman, Tauhidur & Mittelhammer, Ron C. & Wandschneider, Philip R., 2011. "Measuring quality of life across countries: A multiple indicators and multiple causes approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(1), pages 43-52, February.
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