Convergence in D8 Countries
In this paper, we study per capita GDP convergence in D8 countries. We test for convergence hypothesis using two approaches: Time series model (Augmented Dickey Fuller Test), and distribution model (Theil Inequality index and cross sectional variance). The time series model estimation results show t...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2008-06-01
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| Series: | فصلنامه پژوهشهای اقتصادی ایران |
| Subjects: | |
| Online Access: | https://ijer.atu.ac.ir/article_3598_8bf0e2f9d3732ae7c7faf15be45e0d92.pdf |
| _version_ | 1797369422604664832 |
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| author | Omid Ranjbar Zahra (Mila) Elmi |
| author_facet | Omid Ranjbar Zahra (Mila) Elmi |
| author_sort | Omid Ranjbar |
| collection | DOAJ |
| description | In this paper, we study per capita GDP convergence in D8 countries. We test for convergence hypothesis using two approaches: Time series model (Augmented Dickey Fuller Test), and distribution model (Theil Inequality index and cross sectional variance). The time series model estimation results show that Indonesia, Malaysia, and Turkey converge toward the US. The result of convergence hypothesis test between Iran and other D8 countries shows that convergence has occurred between Iran ,Pakistan and Nigeria. Also, stochastic divergence has occurred between Iran, Pakistan, and Bangladesh. The results of distributive models show that the Inequality has been increasing among D8 countries since 1990. |
| first_indexed | 2024-03-08T17:46:38Z |
| format | Article |
| id | doaj.art-fab95bc389dc43dbbd2b8d13dd38d724 |
| institution | Directory Open Access Journal |
| issn | 1726-0728 2476-6445 |
| language | fas |
| last_indexed | 2024-03-08T17:46:38Z |
| publishDate | 2008-06-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | فصلنامه پژوهشهای اقتصادی ایران |
| spelling | doaj.art-fab95bc389dc43dbbd2b8d13dd38d7242024-01-02T10:28:20ZfasAllameh Tabataba'i University Pressفصلنامه پژوهشهای اقتصادی ایران1726-07282476-64452008-06-01113551783598Convergence in D8 CountriesOmid Ranjbar0Zahra (Mila) Elmi1Economic Expert in Mazand CoAssistant Professor of Economics, Mazandaran UniversityIn this paper, we study per capita GDP convergence in D8 countries. We test for convergence hypothesis using two approaches: Time series model (Augmented Dickey Fuller Test), and distribution model (Theil Inequality index and cross sectional variance). The time series model estimation results show that Indonesia, Malaysia, and Turkey converge toward the US. The result of convergence hypothesis test between Iran and other D8 countries shows that convergence has occurred between Iran ,Pakistan and Nigeria. Also, stochastic divergence has occurred between Iran, Pakistan, and Bangladesh. The results of distributive models show that the Inequality has been increasing among D8 countries since 1990.https://ijer.atu.ac.ir/article_3598_8bf0e2f9d3732ae7c7faf15be45e0d92.pdfconvergence hypothesissolow-swan neoclassical modeltime series modeldistribution modeld-8 group |
| spellingShingle | Omid Ranjbar Zahra (Mila) Elmi Convergence in D8 Countries فصلنامه پژوهشهای اقتصادی ایران convergence hypothesis solow-swan neoclassical model time series model distribution model d-8 group |
| title | Convergence in D8 Countries |
| title_full | Convergence in D8 Countries |
| title_fullStr | Convergence in D8 Countries |
| title_full_unstemmed | Convergence in D8 Countries |
| title_short | Convergence in D8 Countries |
| title_sort | convergence in d8 countries |
| topic | convergence hypothesis solow-swan neoclassical model time series model distribution model d-8 group |
| url | https://ijer.atu.ac.ir/article_3598_8bf0e2f9d3732ae7c7faf15be45e0d92.pdf |
| work_keys_str_mv | AT omidranjbar convergenceind8countries AT zahramilaelmi convergenceind8countries |