Do Natural Resources Define Convergence Clubs? Empirical Evidence from the Kazakh Regions

Miriam Frey, Carmen Wieslhuber and Daniel Frey

No 329, Working Papers from Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies)

Abstract: Abstract This paper deals with the hypothesis that natural resources are important in forming convergence clubs. We check this hypothesis by applying a dependence and an endowment measure of natural resource abundance and a regression tree analysis. The results indicate that for the Kazakh regions natural resources indeed play an important role in forming convergence clubs. It is further shown that rather natural resource endowment than resource dependence determines initial conditions and thereby convergence clubs.

Keywords: Convergence clubs; Natural resources; Regression tree; Kazakhstan (search for similar items in EconPapers)
JEL-codes: O13 O47 O53 (search for similar items in EconPapers)
Pages: 16
Date: 2013-04
New Economics Papers: this item is included in nep-agr and nep-env
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Citations: View citations in EconPapers (4)

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Journal Article: Do natural resources define convergence clubs? Empirical evidence from the Kazakh regions (2013)
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