Convergence clubs in different regions of Serbia

This paper investigates the existence of club convergence on the NUTS (Nomenclature des Unités Territoriales Statistiques) 3 level in Serbia. While a common approach in investigating convergence is based on dividing units of observation a priori into individual groups based on some of their particul...

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Detalles Bibliográficos
Autores: Barrios González, María Candelaria, Jandrić, Maja, Molnar, Dejan, Tanasković, Svetozar
Tipo de recurso: artículo
Fecha de publicación:2019
País:España
Institución:Universidad de La Laguna (ULL)
Repositorio:RIULL. Repositorio Institucional de la Universidad de La Laguna
OAI Identifier:oai:riull.ull.es:915/40412
Acceso en línea:http://riull.ull.es/xmlui/handle/915/40412
Access Level:acceso abierto
Palabra clave:Convergence
club convergence
log t test
Serbia
Descripción
Sumario:This paper investigates the existence of club convergence on the NUTS (Nomenclature des Unités Territoriales Statistiques) 3 level in Serbia. While a common approach in investigating convergence is based on dividing units of observation a priori into individual groups based on some of their particular characteristics, we use a method developed by Phillips and Sul (2007) that allows identification of clusters of convergence on the basis of an algorithm that is data-driven and thereby avoids a priori classification of the data into subgroups. We use data on GVA per capita for the NUTS 3 level in Serbia for the period 2001-2017. Our results show that there are two convergence clubs in Serbia, while the Belgrade district shows no signs of convergence with any of the other clubs.