OECD ülkeleri için ekonomik yakınsama öngörüsünün zaman serisi panel birim kök yöntemleri ile sınanması

An essay upon testing economic convergence hypothesis with time series panel unit root methods for the OECD countries

Levent Korap ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper the convergence hypothesis based on the neo-classical growth theory is tried to be re-examined by using per capita real income data of 26 OECD countries. Considering some contemporaneous panel unit root tests for the 1970 – 2007 sample period, the main findings obtained indicate that we are unable to reject that the per capita real income levels of OECD countries converge to the USA per capita real income level, chosen as the benchmark country. However, when the convergence of per capita real income levels of OECD countries to the average of OECD per capita real income level is considered, the panel unit root null hypothesis is seen to be supported by the actual data.

Keywords: Income Level Convergence; Panel Unit Root Tests; OECD Economies (search for similar items in EconPapers)
JEL-codes: C33 O47 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi 1.2010(2010): pp. 189-206

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/29644/1/MPRA_paper_29644.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:29644

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 ().