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On modelling convergence clubs

Le Pen, Yannick; Fève, Patrick (2000), On modelling convergence clubs, Applied Economics Letters, 7, 5, p. 311-314. http://dx.doi.org/10.1080/135048500351456

Type
Article accepté pour publication ou publié
Date
2000
Journal name
Applied Economics Letters
Volume
7
Number
5
Publisher
Taylor & Francis
Pages
311-314
Publication identifier
http://dx.doi.org/10.1080/135048500351456
Metadata
Show full item record
Author(s)
Le Pen, Yannick
Fève, Patrick
Abstract (EN)
A switching regression approach with imperfect sample separation information is used to determine convergence clubs. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP does not provide a perfect sample separation information, but the regimes classification obtained from an endogenous switching model provides unusual results.
Subjects / Keywords
regime classification; convergence
JEL
C2 - Single Equation Models; Single Variables
O40 - General

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