Convergence in Sub-Saharan Africa : a nonstationary panel data approach

dc.contributor.authorMcCoskey, Suzanne K.
dc.date.accessioned2008-07-09T11:30:36Z
dc.date.available2008-07-09T11:30:36Z
dc.date.issued2002
dc.description.abstractGiven the development of time series econometrics and nonstationary data analysis, St. Aubyn (Empirical Economics, 24, 23-44, 1999) demonstrates a new paradigm for testing income convergence, or better defined, income stability, namely testing the stationarity of pair-wise income differentials. In this paper, a panel data set of Sub-Saharan African countries is constructed and panel cointegration and unit root tests are used to investigate the convergence properties of incomes and standards of living within Africa. Overall, little evidence is found to substantiate claims of convergence across Africa, although in some cases, smaller convergence clubs within Africa may be found. In addition the use of nonstationary panel data techniques is proposed for the testing and establishing of coherent convergence clubs.en
dc.format.extent264252 bytes
dc.format.mimetypeapplication/pdf
dc.identifier.citationMcCoskey, SK 2002, 'Convergence in Sub-Saharan Africa: a nonstationary panel data approach', Applied Economics, vol. 34, no. 7, pp. 819-829. [http://www.tandf.co.uk/journals/Routledge/00036846.html]en
dc.identifier.issn0003-6846
dc.identifier.other10.1080/00036840110061668
dc.identifier.urihttp://hdl.handle.net/2263/6060
dc.language.isoenen
dc.publisherTaylor & Francisen
dc.rightsTaylor & Francisen
dc.subjectEconometricsen
dc.subjectConvergence (Economics)en
dc.subjectTime-series analysisen
dc.subjectIncomeen
dc.subjectData analysisen
dc.subjectCost and standard of livingen
dc.subjectEconomic conditionsen
dc.subjectSub-Saharan Africaen
dc.subject.lcshConvergence (Economics) -- Africa, Sub-Saharanen
dc.titleConvergence in Sub-Saharan Africa : a nonstationary panel data approachen
dc.typePostprint Articleen

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