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TUNALI Ç. B., Yilanci V.
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, vol.389, no.21, pp.4855-4862, 2010 (SCI-Expanded)
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PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
Science Citation Index Expanded (SCI-EXPANDED), Scopus
Convergence hypothesis, Conditional/deterministic convergence, "Catching up" process, Nonlinear unit root test, MENA countries, TIME-SERIES TESTS, UNIT-ROOT, INCREASING RETURNS, REGIONAL INCOMES, GROWTH, PRODUCTIVITY, HYPOTHESIS, CORRUPTION
Çanakkale Onsekiz Mart University Affiliated:
This study considers the issue of income convergence among the MENA (Middle East and North African) countries by using real per capita incomes over the period 1950-2006. We employed (Kapetanios et al. 2003)1211 unit root test by incorporating an additive constant and a trend component as Chong et al. (2008)1201 did in their study and found most of the MENA countries diverging during the sample period. (C) 2010 Elsevier B.V. All rights reserved.