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A platform for research: civil engineering, architecture and urbanism
A note on convergence across Canadian provinces: new insights from the club clustering algorithm
Abstract This paper employs the newly-developed convergence tests introduced by Phillips and Sul (Econometrica 75:1771–1855, 2007) to investigate convergence of real GDP per capita across Canadian provinces, as well as the transitional path of factors behind the convergence or divergence pattern. In contrast with previously published studies on Canadian provincial convergence, the analysis carried out in this paper allows for heterogeneous technology and reveals that Canadian provinces are characterized by distinct convergent clubs, that is, separate convergence clubs that converge to different steady states. We make the case that the findings presented in this paper are of utmost importance for Canadian policy-makers as they seek to develop effective policy measures to address regional economic disparities.
A note on convergence across Canadian provinces: new insights from the club clustering algorithm
Abstract This paper employs the newly-developed convergence tests introduced by Phillips and Sul (Econometrica 75:1771–1855, 2007) to investigate convergence of real GDP per capita across Canadian provinces, as well as the transitional path of factors behind the convergence or divergence pattern. In contrast with previously published studies on Canadian provincial convergence, the analysis carried out in this paper allows for heterogeneous technology and reveals that Canadian provinces are characterized by distinct convergent clubs, that is, separate convergence clubs that converge to different steady states. We make the case that the findings presented in this paper are of utmost importance for Canadian policy-makers as they seek to develop effective policy measures to address regional economic disparities.
A note on convergence across Canadian provinces: new insights from the club clustering algorithm
Hamit-Haggar, Mahamat (author)
2012
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
A note on convergence across Canadian provinces: new insights from the club clustering algorithm
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