Zeitschriftenartikel

Stochastic Convergence amongst Mexican States

In this paper we investigate the convergence process experienced by the Mexican states covering the period 1940-2001. Our analysis indicates that misleading conclusions can be obtained if the presence of structural breaks is not taken into account when testing for the presence of (stochastic) convergence. Thus, after allowing for structural breaks evidence in favour of convergence, in terms of real per capita GDP, is found both using unit root and cointegration tests. Empirical evidence shows that economic convergence has changed along time with mixed effects, although changes were toward convergence in majority of cases, consistent with stochastic convergence.

Stochastic Convergence amongst Mexican States

GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln

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Notes
Status: Postprint; begutachtet (peer reviewed)
Language
Englisch
Extent
Seite(n): 531-541

Bibliographic citation
Regional Studies, 41(4)

Subject (what)
Wirtschaft
Wirtschaftswissenschaften

Contributor
Carrion-i-Silvestre, Josep Lluís
Germán, Vicente
Published
Vereinigtes Königreich
2007

URN
urn:nbn:de:0168-ssoar-132878
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
24.01.2023, 6:48 AM CET

Object type


  • Zeitschriftenartikel

Associated


  • Carrion-i-Silvestre, Josep Lluís
  • Germán, Vicente

Time of origin


  • Vereinigtes Königreich

Other Objects (12)