Nominal and real stochastic convergence of transition economies

dc.citation.epage36en_US
dc.citation.issueNumber1en_US
dc.citation.spage23en_US
dc.citation.volumeNumber32en_US
dc.contributor.authorKutan, A. M.en_US
dc.contributor.authorYigit, T. M.en_US
dc.date.accessioned2015-07-28T11:57:20Z
dc.date.available2015-07-28T11:57:20Z
dc.date.issued2004en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractTo investigate the sensitivity of real and nominal economic convergence of transition economies to model specification and restrictions, we extend the work of Kocenda [J. Compar. Econ. 29 (2001) 1] by considering a more stable, post-1993 period and by adopting a more recent panel estimation approach. This new technique involves less restrictive assumptions than previous panel unit root techniques by allowing heterogeneity in convergence rates. Our results show less nominal and real economic convergence than those of Kocenda.en_US
dc.identifier.doi10.1016/j.jce.2003.09.008en_US
dc.identifier.eissn1095-7227
dc.identifier.issn0147-5967
dc.identifier.urihttp://hdl.handle.net/11693/11293
dc.language.isoEnglishen_US
dc.publisherAcademic Pressen_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.jce.2003.09.008en_US
dc.source.titleJournal of Comparative Economicsen_US
dc.subjectUnit-root testsen_US
dc.subjectPanel-dataen_US
dc.subjectHypothesisen_US
dc.subjectCountriesen_US
dc.subjectGrowthen_US
dc.titleNominal and real stochastic convergence of transition economiesen_US
dc.typeArticleen_US

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