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Analysis of Income Convergence in G-20 Countries with Structural Break Unit Root Test

Author

Listed:
  • Mustafa Emre Ertu rul

    (Candidate in Economics, Nev ehir Hac Bekta Veli University, Social Sciences Institute, Nevsehir, Turkey,)

  • Kemaletttin Tanr seven

    (PhD in Economics, Nevsehir, Turkey)

Abstract

In the globalizing world, the convergence of countries can't be avoided. Any phenomenon in a country can reach other countries within a short period of time. Therefore, the article was made by using G-20 countries that came together for a purpose. The article also analysis whether or not the real income per capita of the countries can converge over time. The sample period is between 1960 and 2016. Considering the possibility of breaking during this period in the time series, the study was also tested with the single fractured Lee-Strazicich (2013) unit root test.

Suggested Citation

  • Mustafa Emre Ertu rul & Kemaletttin Tanr seven, 2018. "Analysis of Income Convergence in G-20 Countries with Structural Break Unit Root Test," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 344-349.
    • Handle: RePEc:eco:journ1:2018-02-42
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    G-20 Countries; Convergence; Lee-Strazicich (2013) Unit Root Test;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies

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