Economics at your fingertips  

Testing economic convergence in non-stationary panel

Abdou-Aziz Niang ()
Additional contact information
Abdou-Aziz Niang: University of Ziguinchor

Statistical Methods & Applications, 2017, vol. 26, issue 1, 135-156

Abstract: Abstract This paper emphasizes the role of Panel Analysis of Nonstationarity in the Idiosyncratic and Common components (PANIC) in purging effects of cross-country correlation and structural instability from the convergence equation. In doing so, we run some simulations to show that, in addition to controlling correlations, PANIC handles the presence of a single structural change naturally and then solves the problems of low power that it generates. Applications are also conducted using a sample of 20 OECD member countries and 20 countries in Sub-Saharan Africa.

Keywords: Unit root; Factor model; Structural change; $$\beta $$ β -Convergence (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
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:

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10260/PS2

Access Statistics for this article

Statistical Methods & Applications is currently edited by Tommaso Proietti

More articles in Statistical Methods & Applications from Springer, Società Italiana di Statistica
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-05-21
Handle: RePEc:spr:stmapp:v:26:y:2017:i:1:d:10.1007_s10260-016-0361-z