Nonlinear time-series convergence: The role of structural breaks

King, Alan; Ramlogan-Dobson, Carlyn

Abstract

Chong et al. (2008) found only limited support for the income convergence hypothesis among 15 OECD nations using a nonlinear unit root test. We find considerably greater evidence of convergence by allowing for breaks in the test's time trend. © 2010 Elsevier B.V.

Citation

King, A., & Ramlogan-Dobson, C. (2011). Nonlinear time-series convergence: The role of structural breaks. Economics letters, 110(3), 238-240. https://doi.org/10.1016/j.econlet.2010.12.001

• Journal Article Type: Article
• Acceptance Date: Dec 1, 2010
• Online Publication Date: Dec 10, 2010
• Publication Date: 2011-03
• Deposit Date: Nov 13, 2014
• Journal: Economics Letters
• Print ISSN: 0165-1765
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 110
• Issue: 3
• Pages: 238-240
• DOI: https://doi.org/10.1016/j.econlet.2010.12.001
• Keywords: Income convergence; Nonlinear mean-reversion; Structural breaks
• Public URL: https://hull-repository.worktribe.com/output/468301
• Publisher URL: https://www.sciencedirect.com/science/article/pii/S0165176510004337?via%3Dihub
• Contract Date: Nov 13, 2014