A SURVEY OF SIGMA AND BETA CONVERGENCE ACROSS OPEC COUNTRIES (THE TEST OF SOLOW-SWAN HYPOTHESIS)

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

FOROUGHI POUR E.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Iranian Journal of Trade Studies Year:2006 | Volume:10 | Issue:39 Page(s): 135-156

Download Full-Text

Persian Verion

View:

1,695

Download:

Cites:

Information Journal Paper

Title

A SURVEY OF SIGMA AND BETA CONVERGENCE ACROSS OPEC COUNTRIES (THE TEST OF SOLOW-SWAN HYPOTHESIS)

Author(s)

FOROUGHI POUR E. | Issue Writer Certificate

Keywords

BETA-SIGMA CONVERGENCESQ3

OPEC COUNTRIESQ3

NEOCLASSIACAL GROWTH MODELQ2

Abstract

This paper tests the validity of neo-classical predictions on beta and sigma convergence across OPEC COUNTRIES in terms of real per capita GDP during the time period 1970-2004. The empirical results support the hypothesis of absolute beta convergence among OPEC COUNTRIES. It means that, initially poorer countries (with low levels of GDP) grow at faster rate than initially wealthier ones. Furthermore, the speed of convergence is estimated 4.3 percent per year. This implies that, it would take about 32 years to close the gap between OPEC real per capita GDP. The examination of sigma convergence confirms that, dispersion of real per capita GDP levels between OPEC COUNTRIES have decreased during 1970-2004. Finally, continuation of high population growth with low level of per capita income and investment would provide some obstructions for growth for OPEC COUNTRIES. So the policies they should adopt must target these issues: enhancing capital accumulation either through domestic savings or foreign direct investment and investing more in human capital. At the end, according to the findings, regional strategies (i.e. in African and Middle East countries) also have positive effects on growth and convergence.

Multimedia

No record.

Cites

References

بررسی همگرایی استان های ایران (آزمون نظریه سولو - سوان)

Cite

APA: Copy

FOROUGHI POUR, E.. (2006). A SURVEY OF SIGMA AND BETA CONVERGENCE ACROSS OPEC COUNTRIES (THE TEST OF SOLOW-SWAN HYPOTHESIS). IRANIAN JOURNAL OF TRADE STUDIES (IJTS), 10(39), 135-156. SID. https://sid.ir/paper/7175/en

Vancouver: Copy

FOROUGHI POUR E.. A SURVEY OF SIGMA AND BETA CONVERGENCE ACROSS OPEC COUNTRIES (THE TEST OF SOLOW-SWAN HYPOTHESIS). IRANIAN JOURNAL OF TRADE STUDIES (IJTS)[Internet]. 2006;10(39):135-156. Available from: https://sid.ir/paper/7175/en

IEEE: Copy

E. FOROUGHI POUR, “A SURVEY OF SIGMA AND BETA CONVERGENCE ACROSS OPEC COUNTRIES (THE TEST OF SOLOW-SWAN HYPOTHESIS),” IRANIAN JOURNAL OF TRADE STUDIES (IJTS), vol. 10, no. 39, pp. 135–156, 2006, [Online]. Available: https://sid.ir/paper/7175/en

Related Journal Papers