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Catching-Up And Club Convergence From Cross-National Perspective A Statistical Study For The Period 1980-2010

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  • Ewa Lechman

    (Gdansk University of Technology, Poland)

Abstract

The paper presents the analysis outcomes on the catching-up process. Additionally, it seeks to identify the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence, tracking the catching-up process as well as the per capita income dynamics across time. The author finds no statistically significant relationship between an average annual GDP PPP per capita growth rates (as exponential growth rate) and initial GDP PPP per capita (as natural logarithm) in a selected group of countries. The author also identifies the existence of “rich country cluster” and “poor country cluster” in the analyzed sample. For the statistical analysis the author applies the country sample composed of 101 economies. All data concerning GDP PPP per capita are drawn from the IMF World Economic Outlook Database 2011. The time coverage is 1980–2010.

Suggested Citation

  • Ewa Lechman, 2012. "Catching-Up And Club Convergence From Cross-National Perspective A Statistical Study For The Period 1980-2010," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(3), pages 95-109, September.
    • Handle: RePEc:pes:ierequ:v:7:y:2012:i:3:p:95-109
    DOI: 10.12775/EQUIL.2012.021
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    References listed on IDEAS

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    Cited by:

    1. Adam P. Balcerzak & Michał Bernard Pietrzak, 2015. "Quality of Institutions for Global Knowledge-based Economy and Convergence Process in the European Union," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 42.

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    More about this item

    Keywords

    club convergence; catching-up; economic growth;
    All these keywords.

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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