Income convergence: fresh evidence from the Nordic countries
Using the recently developed linearity test and nonlinear unit root test, this study shows that the income gaps of Finland, Norway and Sweden with respect to Denmark are nonlinear but stationary with no significant trend effect, implying the Nordic countries have already attained steady state of inc...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2009
|
| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18635/ http://ir.unimas.my/id/eprint/18635/7/Income%20convergence%20%28abstract%29.pdf |
| _version_ | 1848838554311983104 |
|---|---|
| author | Liew, Venus Khim-Sen Yusuf, Ahmad |
| author_facet | Liew, Venus Khim-Sen Yusuf, Ahmad |
| author_sort | Liew, Venus Khim-Sen |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Using the recently developed linearity test and nonlinear unit root test, this study shows that the income gaps of Finland, Norway and Sweden with respect to Denmark are nonlinear but stationary with no significant trend effect, implying the Nordic countries have already attained steady state of income equality, a state beyond catching up as identified earlier in Oxley and Gresley (1999). This fresh evidence strengthens the finding of Nordic Convergence Club by these authors. |
| first_indexed | 2025-11-15T06:57:24Z |
| format | Article |
| id | unimas-18635 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:57:24Z |
| publishDate | 2009 |
| publisher | Taylor & Francis Group |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-186352017-11-17T07:18:59Z http://ir.unimas.my/id/eprint/18635/ Income convergence: fresh evidence from the Nordic countries Liew, Venus Khim-Sen Yusuf, Ahmad HB Economic Theory Using the recently developed linearity test and nonlinear unit root test, this study shows that the income gaps of Finland, Norway and Sweden with respect to Denmark are nonlinear but stationary with no significant trend effect, implying the Nordic countries have already attained steady state of income equality, a state beyond catching up as identified earlier in Oxley and Gresley (1999). This fresh evidence strengthens the finding of Nordic Convergence Club by these authors. Taylor & Francis Group 2009 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18635/7/Income%20convergence%20%28abstract%29.pdf Liew, Venus Khim-Sen and Yusuf, Ahmad (2009) Income convergence: fresh evidence from the Nordic countries. Applied Economics Letters, 16 (12). pp. 1245-1248. ISSN 1350-4851 http://dx.doi.org/10.1080/13504850701367205 10.1080/13504850701367205 |
| spellingShingle | HB Economic Theory Liew, Venus Khim-Sen Yusuf, Ahmad Income convergence: fresh evidence from the Nordic countries |
| title | Income convergence: fresh evidence from the Nordic countries |
| title_full | Income convergence: fresh evidence from the Nordic countries |
| title_fullStr | Income convergence: fresh evidence from the Nordic countries |
| title_full_unstemmed | Income convergence: fresh evidence from the Nordic countries |
| title_short | Income convergence: fresh evidence from the Nordic countries |
| title_sort | income convergence: fresh evidence from the nordic countries |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18635/ http://ir.unimas.my/id/eprint/18635/ http://ir.unimas.my/id/eprint/18635/ http://ir.unimas.my/id/eprint/18635/7/Income%20convergence%20%28abstract%29.pdf |