Testing club convergence of economies by using a Broad-Based Development Index
Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on au...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Basel, Sayel [verfasserIn] |
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| Format: |
Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2020 |
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| Schlagwörter: |
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| Anmerkung: |
© Springer Nature B.V. 2020 |
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| Übergeordnetes Werk: |
Enthalten in: GeoJournal - Springer Netherlands, 1977, 86(2020), 5 vom: 24. Apr., Seite 2351-2365 |
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| Übergeordnetes Werk: |
volume:86 ; year:2020 ; number:5 ; day:24 ; month:04 ; pages:2351-2365 |
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| DOI / URN: |
10.1007/s10708-020-10198-0 |
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| 520 | |a Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. | ||
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10.1007/s10708-020-10198-0 doi (DE-627)OLC2127621034 (DE-He213)s10708-020-10198-0-p DE-627 ger DE-627 rakwb eng 550 VZ 14 ssgn BIODIV DE-30 fid Basel, Sayel verfasserin aut Testing club convergence of economies by using a Broad-Based Development Index 2020 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Nature B.V. 2020 Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. Club convergence Log t regression Transitional behavior Ordered logit Globalisation Gopakumar, K. U. aut Prabhakara Rao, R. aut Enthalten in GeoJournal Springer Netherlands, 1977 86(2020), 5 vom: 24. Apr., Seite 2351-2365 (DE-627)13044555X (DE-600)715360-0 (DE-576)015981851 0343-2521 nnns volume:86 year:2020 number:5 day:24 month:04 pages:2351-2365 https://doi.org/10.1007/s10708-020-10198-0 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC FID-BIODIV SSG-OLC-GEO SSG-OPC-GGO GBV_ILN_70 GBV_ILN_267 GBV_ILN_2315 AR 86 2020 5 24 04 2351-2365 |
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10.1007/s10708-020-10198-0 doi (DE-627)OLC2127621034 (DE-He213)s10708-020-10198-0-p DE-627 ger DE-627 rakwb eng 550 VZ 14 ssgn BIODIV DE-30 fid Basel, Sayel verfasserin aut Testing club convergence of economies by using a Broad-Based Development Index 2020 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Nature B.V. 2020 Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. Club convergence Log t regression Transitional behavior Ordered logit Globalisation Gopakumar, K. U. aut Prabhakara Rao, R. aut Enthalten in GeoJournal Springer Netherlands, 1977 86(2020), 5 vom: 24. Apr., Seite 2351-2365 (DE-627)13044555X (DE-600)715360-0 (DE-576)015981851 0343-2521 nnns volume:86 year:2020 number:5 day:24 month:04 pages:2351-2365 https://doi.org/10.1007/s10708-020-10198-0 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC FID-BIODIV SSG-OLC-GEO SSG-OPC-GGO GBV_ILN_70 GBV_ILN_267 GBV_ILN_2315 AR 86 2020 5 24 04 2351-2365 |
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Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. © Springer Nature B.V. 2020 |
| abstractGer |
Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. © Springer Nature B.V. 2020 |
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Abstract The study of club convergence has been a major focus in the field of economic growth and development. The paper analyses the club convergence hypothesis going beyond the traditional use of GDP per capita. In this study, we attempt to analyze the convergence club of 102 countries based on augmented index for measuring development. This index consists of seven major indicator of development namely education, health, access to water and sanitation, energy use, environment, standard of living and good governance. These indicators are aggregated through weights obtained from Principal Component Analysis (PCA). Using this index of development we analyzed the club formation and transitional behavior of 102 countries over a period of 1996–2015. The study confirms four final club and shows transition during 2008. Further, to understand the determinant of the club membership we used ordered logit model. The result suggested that initial level of development and globalisation are the major drives in determining the club. © Springer Nature B.V. 2020 |
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Testing club convergence of economies by using a Broad-Based Development Index |
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Gopakumar, K. U. Prabhakara Rao, R. |
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