The Process of Convergence among the Japanese Prefectures: 1955 - 2012

Augusto Ricardo Delgado Narro

MPRA Paper from University Library of Munich, Germany

Abstract: The paper analyzes the convergence process in Japan by time series analysis and the existence of clubs of convergence by finding if they are endogenously conformed. We follow a two-stage approach. The first one consists of the analysis of stochastic convergence. Secondly, prove the existence of clubs of convergence among prefectures. We find two clubs of convergence conformed endogenously. The first club is integrated by 40 prefectures converging slowly toward a unique steady state. Five prefectures integrate the second club of convergence. Finally, Tokyo and Nara are not converging toward any steady-state like disconnected prefectures.

Keywords: β-Convergence; Regional Economics; Growth; Clubs of Convergence (search for similar items in EconPapers)
JEL-codes: O47 P25 R11 (search for similar items in EconPapers)
Date: 2020-05-13
New Economics Papers: this item is included in nep-geo, nep-his and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/100361/1/MPRA_paper_100361.pdf original version (application/pdf)

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: https://EconPapers.repec.org/RePEc:pra:mprapa:100361

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().