Title of article
Testing the Convergence Clubs Hypothesis among MENA Countries
Author/Authors
Hadizadeh, Arash Department of Economics - Qazvin Branch - Islamic Azad University
Pages
63
From page
437
To page
499
Abstract
his paper is to study the convergence of per capita income. Convergence clubs hypothesis is one of the forms of convergence hypotheses, implying that countries with the same initial level of economic development, technology, and government policies, tend to be similar in per capita income and thus have a tendency to cluster around a small number of poles. In order to test the hypothesis of the formation of the convergence clubs among 15 Middle East and North African (MENA) countries for the period of 1990–2015, we used a non-parametric analysis (distribution dynamics approach). The distribution dynamics of real per capita GDP showed that “twin peaks” were being formed in the MENA region.
Keywords
Convergence Club , Distribution Dynamics , MENA Countries
Serial Year
2019
Record number
2497367
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