Testing for catching-up periods in time-series convergence. (English) Zbl 1254.91636
Summary: A time-series test procedure related to the question of catching-up-or periods characterized by different rates of convergence-is introduced. Based on 1950-2000 data for real GDP per capita, the majority of 20 OECD countries are found to catch-up and converge towards the USA.
MSC:
| 91B84 | Economic time series analysis |
| 62M10 | Time series, auto-correlation, regression, etc. in statistics (GARCH) |
| 62-07 | Data analysis (statistics) (MSC2010) |
| 91B82 | Statistical methods; economic indices and measures |
Keywords:
time-series test procedureReferences:
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