β-CONVERGENCE BETWEEN IRAN AND SELECTED ISLAMIC COUNTRIES

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FALLAHI FIROUZ; SALMANI BEHZAD; KIANI SIMIN

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

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Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2013 | Volume:12 | Issue:4 Page(s): 171-194

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Information Journal Paper

Title

β-CONVERGENCE BETWEEN IRAN AND SELECTED ISLAMIC COUNTRIES

Author(s)

FALLAHI FIROUZ | SALMANI BEHZAD | KIANI SIMIN | Issue Writer Certificate

Keywords

β-CONVERGENCEQ2

ISLAMIC COUNTRIESQ2

TIME SERIES ECONOMETRICSQ2

STRUCTURAL BREAKQ2

PER-CAPITA INCOMEQ2

Abstract

This paper examines the existence of b-Convergence between PER-CAPITA INCOMEs of selected ISLAMIC COUNTRIES. For this purpose, data over the period 1965-2006 and a time series approach proposed by Vogelsang (1998) are applied. Robustness of the estimated parameters to the presence of unit roots and/or serial correlations in the residuals is the main advantage of this method. The results show that PER-CAPITA INCOME of most countries is converging to the average PER-CAPITA INCOME of the selected ISLAMIC COUNTRIES, which provide evidence of b-Convergence. Cameroon, Indonesia, Malaysia, Niger, Chad, and Togo are the countries that have shown some forms of divergence either before the break date or after that. The estimated break dates are clustered and mostly related to the energy shocks in 1974, 1979, and 1986.

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APA: Copy

FALLAHI, FIROUZ, SALMANI, BEHZAD, & KIANI, SIMIN. (2013). β-CONVERGENCE BETWEEN IRAN AND SELECTED ISLAMIC COUNTRIES. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 12(4), 171-194. SID. https://sid.ir/paper/86673/en

Vancouver: Copy

FALLAHI FIROUZ, SALMANI BEHZAD, KIANI SIMIN. β-CONVERGENCE BETWEEN IRAN AND SELECTED ISLAMIC COUNTRIES. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2013;12(4):171-194. Available from: https://sid.ir/paper/86673/en

IEEE: Copy

FIROUZ FALLAHI, BEHZAD SALMANI, and SIMIN KIANI, “β-CONVERGENCE BETWEEN IRAN AND SELECTED ISLAMIC COUNTRIES,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 12, no. 4, pp. 171–194, 2013, [Online]. Available: https://sid.ir/paper/86673/en

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