Are per capita incomes of MENA countries converging or diverging?

Cigdem Tunali and Veli Yilanci

Physica A: Statistical Mechanics and its Applications, 2010, vol. 389, issue 21, 4855-4862

Abstract: This study considers the issue of income convergence among the MENA (Middle East and North African) countries by using real per capita incomes over the period 1950–2006. We employed (Kapetanios et al. 2003) [21] unit root test by incorporating an additive constant and a trend component as Chong et al. (2008) [20] did in their study and found most of the MENA countries diverging during the sample period.

Keywords: Convergence hypothesis; Conditional/deterministic convergence; “Catching up” process; Nonlinear unit root test; MENA countries (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:389:y:2010:i:21:p:4855-4862

DOI: 10.1016/j.physa.2010.06.053

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