Ranjbar, Omid, Elmi, Zahra (Mila). (1392). Which Countries are Catching up? New Evidences Using Flexible Fourier Stationary Test. , 17(3), 53-80. doi: 10.22059/ier.2013.73493
Omid Ranjbar; Zahra (Mila) Elmi. "Which Countries are Catching up? New Evidences Using Flexible Fourier Stationary Test". , 17, 3, 1392, 53-80. doi: 10.22059/ier.2013.73493
Ranjbar, Omid, Elmi, Zahra (Mila). (1392). 'Which Countries are Catching up? New Evidences Using Flexible Fourier Stationary Test', , 17(3), pp. 53-80. doi: 10.22059/ier.2013.73493
Ranjbar, Omid, Elmi, Zahra (Mila). Which Countries are Catching up? New Evidences Using Flexible Fourier Stationary Test. , 1392; 17(3): 53-80. doi: 10.22059/ier.2013.73493

Which Countries are Catching up? New Evidences Using Flexible Fourier Stationary Test

Iranian Economic Review
مقاله 4، دوره 17، شماره 3، پاییز 2013، صفحه 53-80    اصل مقاله (195.36 K)
شناسه دیجیتال (DOI): 10.22059/ier.2013.73493
نویسندگان
Omid Ranjbar* 1؛ Zahra (Mila) Elmi2
1Trade promotion organization
2Faculty of Economics, University of Mazandaran.
چکیده
In this paper, we tested the catching-up hypothesis toward the USA using Becker et al. (2006) flexible Fourier KPSS stationary test over the period 1960-2009. The mentioned test could control for unknown number and form of structural breaks using a selected frequency component of a Fourier function. Our results show almost poor countries stay poor and almost rich countries stay rich. South Korea, Hong Kong, Singapore, Taiwan, India, Malaysia, and China could escape lag deadlock and countries like Central African Republic, Congo, Cote d`Ivoire, the Gambia, Guinea, Haiti, Kenya, Rwanda, and Senegal diverged from the USA and moved into the poverty trap.

 
کلیدواژه‌ها
Keywords: Convergence Hypothesis؛ Catching up Hypothesis؛ Time Series Model؛ Flexible Fourier Stationary Test
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