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- W2811482165 abstract "In this paper, the issue of income convergence in the EU-15 is addressed. Our data set consists of annual log real GDP per capita for the four Cohesion countries and cover the period 1950-2007.The empirical part of the paper applies complementary the Bernard and Durlauf (1995) and Nahar and Inder (2002) methodology.Applying the former, we failed to accept the hypothesis of stochastic convergence of real per capita GDP of the four Cohesion countries towards the EU-15 average.In contrast, the Nahar and Inder test provides strong evidence of convergence for Spain, Portugal and Greece." @default.
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- W2811482165 date "2018-11-01" @default.
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- W2811482165 title "Testing for Stochastic Convergence: The Case of the Cohesion Countries" @default.
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- W2811482165 doi "https://doi.org/10.35808/ersj/983" @default.
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