TEST OF INCOME CONVERGENCE IN D-8 COUNTRIES (SIGMA CONVERGENCE, THEIL INDICES AND PANEL DATA UNIT ROOT TESTS APPROACHES)

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DAEE KARIMZADEH SAEED; AZARBAYJANI KARIM; JAVANMARDI MOHAMMAD

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Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2013 | Volume:3 | Issue:10 Page(s): 59-72

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Title

TEST OF INCOME CONVERGENCE IN D-8 COUNTRIES (SIGMA CONVERGENCE, THEIL INDICES AND PANEL DATA UNIT ROOT TESTS APPROACHES)

Author(s)

DAEE KARIMZADEH SAEED | AZARBAYJANI KARIM | JAVANMARDI MOHAMMAD | Issue Writer Certificate

Keywords

INCOME CONVERGENCEQ3

D-8 COUNTRIESQ2

SIGMA CONVERGENCEQ2

THEIL INDICESQ2

PANEL DATA UNIT ROOT TESTSQ2

Abstract

INCOME CONVERGENCE or income similarity is defined as per capita income gap between two trading partner. Less income gap shows INCOME CONVERGENCE and more income gap shows income divergence. INCOME CONVERGENCE plays an important role in the expansion of trade relations, so that countries with more income adaption have the similar demand patterns and thus have economic reasoning in creating trade and the formation of trade blocks.This study examined the existence of INCOME CONVERGENCE or divergence in D-8 COUNTRIES during the period of 1965-2009. To this end, three methods; SIGMA CONVERGENCE, THEIL INDICES and PANEL DATA UNIT ROOT TESTS were used. The results of these approaches indicate that there are income divergence among the members of this group.

Cites

PRODUCTIVITY CONVERGENCE AND FINANCIAL DEVELOPMENT IN IRAN’S MANUFACTURING INDUSTRIES THROUGH SIGMA CONVERGENCE APPROACH

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APA: Copy

DAEE KARIMZADEH, SAEED, AZARBAYJANI, KARIM, & JAVANMARDI, MOHAMMAD. (2013). TEST OF INCOME CONVERGENCE IN D-8 COUNTRIES (SIGMA CONVERGENCE, THEIL INDICES AND PANEL DATA UNIT ROOT TESTS APPROACHES). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 3(10), 59-72. SID. https://sid.ir/paper/192223/en

Vancouver: Copy

DAEE KARIMZADEH SAEED, AZARBAYJANI KARIM, JAVANMARDI MOHAMMAD. TEST OF INCOME CONVERGENCE IN D-8 COUNTRIES (SIGMA CONVERGENCE, THEIL INDICES AND PANEL DATA UNIT ROOT TESTS APPROACHES). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2013;3(10):59-72. Available from: https://sid.ir/paper/192223/en

IEEE: Copy

SAEED DAEE KARIMZADEH, KARIM AZARBAYJANI, and MOHAMMAD JAVANMARDI, “TEST OF INCOME CONVERGENCE IN D-8 COUNTRIES (SIGMA CONVERGENCE, THEIL INDICES AND PANEL DATA UNIT ROOT TESTS APPROACHES),” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 3, no. 10, pp. 59–72, 2013, [Online]. Available: https://sid.ir/paper/192223/en

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