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Zahra Mila Elmi

Academic rank: Professor
ORCID:
Education: PhD.
ScopusId:
Faculty: Faculty of Economics and Administrative Sciences
Address:
Phone: 09112153929

Research

Title
Which OIC countries are catching up? Time Series Evidences with Multiple Structural Breaks
Type
JournalPaper
Keywords
Keywords: Income convergence; Catching up; KPSS stationary test; Multiple structural breaks
Year
2012
Journal Iranian journal of Economics Studies
DOI
Researchers Zahra Mila Elmi ، Omid Ranjbar

Abstract

In this paper, income per capita convergence hypothesis is tested in selected OIC countries. For this purpose, we use the time series model and univariate KPSS stationary test with multiple structural breaks (Carrion-i-Silvestre et al. (2005)) over the period 1950-2008. The results show that most OIC countries could not catch up toward USA. Although because of some positive term of trade shocks, they experienced catching up process in some sub- periods, they did not have appropriate infrastructure as, they could not use these opportunities and escape lag deadlock.