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Stochastic convergence in the industrial sector of the Mexican states
Abstract We investigate the convergence process experienced by the industrial sector of the Mexican states covering the period 1960–1998. 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 convergence. Thus, after allowing for structural breaks evidence in favour of industrial labour productivity convergence is found using unit root tests for some Mexican states. However, empirical evidence suggests that states with the smallest industrial share diverge from below. Besides, states with the major industrial share diverge from above. A great majority of states are involved in clear convergence process.
Stochastic convergence in the industrial sector of the Mexican states
Abstract We investigate the convergence process experienced by the industrial sector of the Mexican states covering the period 1960–1998. 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 convergence. Thus, after allowing for structural breaks evidence in favour of industrial labour productivity convergence is found using unit root tests for some Mexican states. However, empirical evidence suggests that states with the smallest industrial share diverge from below. Besides, states with the major industrial share diverge from above. A great majority of states are involved in clear convergence process.
Stochastic convergence in the industrial sector of the Mexican states
Carrion-i-Silvestre, Josep Lluís (author) / German-Soto, Vicente (author)
2009
Article (Journal)
Electronic Resource
English
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Local classification FBW:
oek 4450
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