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The Process of Convergence among the Japanese Prefectures: 1955 - 2012

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  • Delgado Narro, Augusto Ricardo

Abstract

The paper analyzes the convergence process in Japan by time series analysis and the existence of clubs of convergence by finding if they are endogenously conformed. We follow a two-stage approach. The first one consists of the analysis of stochastic convergence. Secondly, prove the existence of clubs of convergence among prefectures. We find two clubs of convergence conformed endogenously. The first club is integrated by 40 prefectures converging slowly toward a unique steady state. Five prefectures integrate the second club of convergence. Finally, Tokyo and Nara are not converging toward any steady-state like disconnected prefectures.

Suggested Citation

  • Delgado Narro, Augusto Ricardo, 2020. "The Process of Convergence among the Japanese Prefectures: 1955 - 2012," MPRA Paper 100361, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:100361
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    References listed on IDEAS

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    More about this item

    Keywords

    β-Convergence; Regional Economics; Growth; Clubs of Convergence;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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