A Nordic convergence club?
Les Oxley and
David Greasley
Applied Economics Letters, 1999, vol. 6, issue 3, 157-160
Abstract:
Tests of the Convergence Hypothesis, or the tendency for per capita income levels to narrow over time, have generally utilized cross-sectional data from a wide range of disparate coun7 tries and resulted in conflicting evidence. Using modern time series tests we find evidence of a Nordic Convergence Club comprising Sweden, Denmark and Finland. It excludes Norway which overtakes Sweden in the 1970s showing no tendency to reversion.
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:6:y:1999:i:3:p:157-160
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DOI: 10.1080/135048599353537
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