Are Caribbean countries diverging or converging ? Evidence from spatial econometrics

Maurin Alain and Roland Craigwell
Additional contact information
Maurin Alain: CREDDI - Centre de Recherche en Economie et en Droit du Développement Insulaire [UR7_2] - UA - Université des Antilles

Post-Print from HAL

Abstract: After gaining political independence from the European countries and the United States, the Caribbean Basin economies have at the end of the 2000s display considerable differences in income and living standards. In this paper the concepts of convergence are used to examine whether disparities in per capita GDP of selected countries in the Caribbean Community (CARICOM) have tended to diminish or not. It was shown, based on descriptive statistical methods, and spatial statistical and econometric tests of beta-convergence and sigma-convergence that there was an absence of convergence for CARICOM countries since the early 1980s. This is so even in the OECS group which are linked in a quasi monetary union framework.

Date: 2011
References: Add references at CitEc
Citations:

Published in Journal of Business, Finance & Economics in Emerging Economies, 2011, 6 (1), pp. 160-206

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Are Caribbean countries diverging or converging? evidence from spatial econometrics (2011)
Working Paper: Are Caribbean Countries Diverging or Converging? Evidence from Spatial Econometrics (2010)
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:hal:journl:hal-04024326

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().