Data/hora: 13/06/2024 04:33:08

Provedor de dados: | 31
País: | United States
Título: | CONVERGENCE OF THE G-7: A COINTEGRATION APPROACH
Autores: | Weatherspoon,   Dave D.; Seale,   James L., Jr.; Moss,   Charles B.
Data: | 2000-01-18
Ano: | 1999
Palavras-chave: | Agricultural and Food Policy.
Resumo: | Income convergence among the G-7 countries was demonstrated using Theil's inequality (entropy) index.  G-7 convergence was also found for three potential factors of influence on economic growth: government expenditure, investment expenditure, and industrial employment.  Pairwise cointegration tests indicated that income inequality was cointegrated with the other three inequality measures  for the time period of 1950-88.  Finally, Johansen's I(2) multi-cointegration tests indicated that three of the four inequality measures (i.e. income, investment expenditure, and industrial employment) were cointegrated suggesting that there exists a long-run equilibrium between the inequality in income, investment expenditure, and industrial employment.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

1816

http://purl.umn.edu/11675

Editor: | AgEcon Search

Relação:

Michigan State University&gt;Department of Agricultural Economics&gt;Staff Paper Series

Staff Paper 99-65

Formato:

28

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