IDEAS home Printed from https://ideas.repec.org/a/cai/edddbu/edd_242_0005.html
   My bibliography  Save this article

Rattrapage technologique et convergence : un test par les séries temporelles dans le cas des pays de la région MENA

Author

Listed:
  • Francisco Serranito

Abstract

Stochastic convergence implies that the convergence hypothesis will be rejected if the income differential is not stationary. However, this definition is valid only if the convergence process between the two countries is already over. If we take into account the possibility of a catching-up then poorest countries should obtain a faster growth than developed countries. So income gaps should integrate deterministic decreasing trends. We formalize this intuition theoretically using a stochastic neoclassical growth model with heterogeneous technology. We then apply this model to the issue of per capita GDP catching-up of eight MENA countries towards the level of income in Europe. We approximate the nonlinear deterministic trend by a linear function with break and apply the unit root test with two breaks endogenous.

Suggested Citation

  • Francisco Serranito, 2010. "Rattrapage technologique et convergence : un test par les séries temporelles dans le cas des pays de la région MENA," Revue d’économie du développement, De Boeck Université, vol. 18(2), pages 5-45.
    • Handle: RePEc:cai:edddbu:edd_242_0005
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=EDD_242_0005
    Download Restriction: free
    File URL: http://www.cairn.info/revue-d-economie-du-developpement-2010-2-page-5.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nicolas Péridy & Mohamed Hazem & Marc Brunetto, 2013. "Some new insights into real convergence in MENA countries’ regional areas: a spatial econometric analysis," Economics and Business Letters, Oviedo University Press, vol. 2(4), pages 150-160.
    2. Serge Rey, 2011. "La Macroéconomie des PSEM : état des lieux et relations avec l’Union Européenne," Working Papers hal-01880349, HAL.
    3. Serranito, Francisco, 2013. "Heterogeneous technology and the technological catching-up hypothesis: Theory and assessment in the case of MENA countries," Economic Modelling, Elsevier, vol. 30(C), pages 685-697.
    4. Serge Rey, 2011. "La Macroéconomie des PSEM : état des lieux et relations avec l’Union Européenne," Working Papers hal-01880349, HAL.
    5. Carlo Altomonte & Massimiliano Ferrara (ed.), 2014. "The Economic and Political Aftermath of the Arab Spring," Books, Edward Elgar Publishing, number 15298.
    6. Maria Giovanna Bosco & Roberto Mavilia, 2014. "Innovation performance of MENA countries: where do we stand?," Chapters, in: Carlo Altomonte & Massimiliano Ferrara (ed.), The Economic and Political Aftermath of the Arab Spring, chapter 7, pages 204-228, Edward Elgar Publishing.
    7. Najeh AISSAOUI, 2017. "ICT and growth gap between nations: Evidence from MENA region," E3 Journal of Business Management and Economics., E3 Journals, vol. 8(1), pages 026-037.
    8. Issa, Samah & Girardone, Claudia & Snaith, Stuart, 2022. "Banking competition, convergence and growth across macro-regions of MENA," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 534-549.
    9. Jouini, Nizar & Oulmane, Nassim & Peridy, Nicolas, 2014. "North African countries (NACs) production and export structure: Towards diversification and export sophistication strategy," MPRA Paper 62476, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:edddbu:edd_242_0005. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://edirc.repec.org/data/ceauvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.