Testing nonlinear convergence in Malaysia
The purpose of the present paper is to examine income convergence in Malaysia by applying the nonlinear unit root test presented by Kapetanios et al. (KSS 2003) and extended by Chong et al. (CHLL 2008) to permit the test of long-run convergence and catching-up hypotheses. The KSS-CHLL nonlinear un...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2013
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Online Access: | http://journalarticle.ukm.my/8098/ http://journalarticle.ukm.my/8098/ http://journalarticle.ukm.my/8098/1/5581-13429-1-SM.pdf |