Purpose This paper investigates the per-capita output club convergence in case of 120
countries for the period 1995–2015. Further, we disaggregate per-capita output into three …

This article uses a nonparametric varying coefficient panel data model to study the
convergence of real GDP per capita among 120 world economies for the sample period of …

In this study, we examine the role of export diversification in the convergence of per capita
income (output). By applying the dynamic system Generalized Method of Moments (GMM) …

HEGY test is a commonly used procedure to test seasonal unit roots. However, the HEGY
test is highly sensitive to the deterministic components of the model and the selected lag …

Long run convergence implies that the convergence hypothesis will be rejected if the
income differential is not stationary. However, this definition is valid only if the catching-up …

We consider the problem of testing for seasonal unit roots in monthly panel data. To this aim,
we generalize the quarterly cross‐sectionally augmented Hylleberg–Engle–Granger–Yoo …

The aim of this research is to assess the convergence rate of the inflation in European Union
28 (EU-28) and to evaluate the impact of recent economic crisis on the convergence process …

This paper provides a novel approach to extract the trend and seasonal components from
panel data consisting of individual entries showing both strong trend and seasonality. For …

İktisadi seriler birim kök içerebilmektedir. Literatürde birim kökün testi için kullanılan farklı
yöntemler bulunmaktadır. Son yıllarda yapılan çalışmalar tek bir birim kökün testinde …

In dealing with a panel of seasonal data with cross-section dependence, this paper
establishes a common factor model to investigate whether the seasonal and non-seasonal …