Output convergence amongst the NUTS 2 regions of Visegrad countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F10%3A10225387" target="_blank" >RIV/61989100:27510/10:10225387 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Output convergence amongst the NUTS 2 regions of Visegrad countries
Original language description
This paper analyses the beta-convergence, sigma-convergence, stochastic convergence and deterministic convergence of per capita real GDP amongst NUTS2 regions of Visegrad countries in a panel data framework over the period 1995-2007. We test for stationarity in relative income levels through five panel (no)stationarity tests. In addition, we investigate cross-sectional independence using Pesarans CD test. We also investigate beta-convergence to check the existence of stochastic convergence of GDP amongour regions. We observe some evidence of no for NUTS2 regions of Visegrad countries. Hadris panel stationarity tests provide evidence of a lack of stochastic convergence in income levels for our sample of 35 regions. The tests for time-series beta-convergence find evidence for this for 13 regions. There is evidence of deterministic convergence of long run steady-state equilibrium in the per capita real GDP differentials for only three regions.
Czech name
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Czech description
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Project
<a href="/en/project/GA402%2F08%2F1015" target="_blank" >GA402/08/1015: Macroeconomic Models of the Cyech Economy and Economies of the other EU Countries</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
28th Internacional Conference on Mathematical Methods in Economics 2010
ISBN
978-80-7394-218-2
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
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Publisher name
University of South Bohemia
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Sep 8, 2010
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000287979900035

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