Investigating Asian regional income convergence using Fourier Unit Root test with Break

• Main Authors: Yaya, OlaOluwa S., Furuoka, Fumitaka, Pui, Kiew Ling, Jacob, Ray Ikechukwu, Ezeoke, Chinyere Mary
• Format: Article
• Published: Elsevier 2020
• Subjects: HC Economic History and Conditions
• Online Access: http://eprints.um.edu.my/24658/; https://doi.org/10.1016/j.inteco.2019.11.008

Income convergence among countries has become an important topic in international economics. This paper uses a new unit root test, namely the Fourier Unit Root test with Break, to examine income convergence in nine Asian countries. It has grouped the countries into three regions in Northeast Asia, S...