Real convergence: empirical evidence for Latin America

C-Tier
Journal: Applied Economics
Year: 2013
Volume: 45
Issue: 22
Pages: 3220-3229

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article investigates the real convergence of 17 Latin American countries to the US economy for the period 1950 to 2011. Time series methods are used to test stochastic and β-convergence. These methods include the possibility of one or two structural changes. The results show that when endogenous structural changes are considered several Latin American countries exhibit stochastic convergence. Nevertheless, real convergence to the US is found only for three Latin American countries: Chile, Costa Rica and Trinidad and Tobago, with these countries also presenting evidence of stochastic and β-convergence.

Technical Details

RePEc Handle
repec:taf:applec:v:45:y:2013:i:22:p:3220-3229
Journal Field
General
Author Count
3
Added to Database
2026-01-24