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Testing Of Real Convergence In Germany In The Presence Of Structural Breaks

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  • L. A. GIL-ALANA

    (University of Navarre, Faculty of Economics, Edificio Biblioteca Entrada Este, E-31080 Pamplona, Spain)

Abstract

In this short article we examine the real convergence hypothesis in Germany with respect to the US by means of fractional integration. Using a parametric procedure due to Robinson (1994), the results show that real convergence is only achieved in this country if we take into account the presence of a structural break at World War II. The same evidence is found in other countries (like Japan, the UK and Canada) when this break is considered.

Suggested Citation

  • L. A. Gil-Alana, 2005. "Testing Of Real Convergence In Germany In The Presence Of Structural Breaks," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 50(01), pages 93-101.
    • Handle: RePEc:wsi:serxxx:v:50:y:2005:i:01:n:s0217590805001846
    DOI: 10.1142/S0217590805001846
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