English, Article edition: TESTING OF REAL CONVERGENCE IN GERMANY IN THE PRESENCE OF STRUCTURAL BREAKS L. A. GIL-ALANA

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Bookmark: http://trove.nla.gov.au/version/132117
Physical Description
  • article
Language
  • English

Edition details

Title
  • TESTING OF REAL CONVERGENCE IN GERMANY IN THE PRESENCE OF STRUCTURAL BREAKS
Author
  • L. A. GIL-ALANA
Physical Description
  • article
Notes
  • In this short article we examine the real convergence hypothesis in Germany with respect to the US by means of fractional integration. Using a parametric procedure due to Robinson (1994), the results show that real convergence is only achieved in this country if we take into account the presence of a structural break at World War II. The same evidence is found in other countries (like Japan, the UK and Canada) when this break is considered.
  • Real convergence, fractional integration, structural breaks
  • RePEc:wsi:serxxx:v:50:y:2005:i:01:p:93-101
Language
  • English
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