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...
| Authors: | , , , |
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| Format: | article |
| Publication Date: | 2019 |
| Country: | España |
| Institution: | Universidad de La Laguna (ULL) |
| Repository: | RIULL. Repositorio Institucional de la Universidad de La Laguna |
| OAI Identifier: | oai:riull.ull.es:915/40412 |
| Online Access: | http://riull.ull.es/xmlui/handle/915/40412 |
| Access Level: | Open access |
| Keyword: | Convergence club convergence log t test Serbia |
| Summary: | 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. |
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