Do natural resources define convergence clubs? Empirical evidence from the Kazakh regions

Daniel Frey, Miriam Frey and Carmen Wieslhuber

Economic Systems, 2013, vol. 37, issue 3, 404-414

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 do indeed play an important role in forming convergence clubs. It is further shown that natural resource endowment rather 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)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0939362513000538
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Do Natural Resources Define Convergence Clubs? Empirical Evidence from the Kazakh Regions (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecosys:v:37:y:2013:i:3:p:404-414

DOI: 10.1016/j.ecosys.2013.05.003

Access Statistics for this article

Economic Systems is currently edited by R. Frensch

More articles in Economic Systems from Elsevier Contact information at EDIRC.
Bibliographic data for series maintained by Catherine Liu ().