INCOME CONVERGENCE IN INDIAN DISTRICTS: NEW EVIDENCE FROM PANEL STATIONARITY TEST WITH FINITE TIME DIMENSION

被引:4
|
作者
Misra, Biswa Swarup [1 ]
Kar, Muhsin [2 ,3 ]
Nazlioglu, Saban [4 ]
Karul, Cagin [5 ]
机构
[1] Xavier Univ, Xavier Inst Management, Econ Area, Xavier Sq, Bhubaneswar 751013, Odisha, India
[2] NigdeOmerHalisdemir Univ, Dept Econ, Nigde, Turkey
[3] Ankara Yildirim Beyazit Univ, Dept Econ, Ankara, Turkey
[4] Pamukkale Univ, Dept Int Trade & Finance, Denizli, Turkey
[5] Pamukkale Univ, Dept Econometr, Denizli, Turkey
关键词
income convergence; Indian districts; finite sample; panel data; SERIES;
D O I
10.1002/jid.3502
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper tests for income convergence at the district level in India taking into account district income for 388 districts in 12 states during 2001-2011. We study income convergence among districts within a state as well districts across states that share similar initial conditions. Given the finite sample property of the data, we conduct a novel panel stationarity test with a fixed time dimension. The findings do not support the convergence of the per capita district income in Indian states. The deterioration in economic and social infrastructure in the relatively backward districts during the study period seems to drive the results. (c) 2020 John Wiley & Sons, Ltd.
引用
收藏
页码:1256 / 1272
页数:17
相关论文
共 50 条
  • [1] Income convergence of Indian states in the post-reform period: evidence from panel stationarity tests with smooth structural breaks
    Misra, Biswa Swarup
    Kar, Muhsin
    Nazlioglu, Saban
    Karul, Cagin
    JOURNAL OF THE ASIA PACIFIC ECONOMY, 2024, 29 (01) : 424 - 441
  • [2] Testing for stationarity in heterogeneous panel data where the time dimension is finite
    Hadri, K
    Larsson, R
    ECONOMETRICS JOURNAL, 2005, 8 (01): : 55 - 69
  • [3] Evidence of panel stationarity from Chinese provincial and regional income
    Narayan, Paresh Kumar
    CHINA ECONOMIC REVIEW, 2008, 19 (02) : 274 - 286
  • [4] Convergence in income distributions: Evidence from a panel of countries
    Chambers, Dustin
    Dhongde, Shatakshee
    ECONOMIC MODELLING, 2016, 59 : 262 - 270
  • [5] Convergence in Islamic financial development: Evidence from Islamic countries using the Fourier panel KPSS stationarity test
    Hassan, M. Kabir
    Kazak, Hasan
    Adiguzel, Ugur
    Gunduz, Mehmet Akif
    Akcan, Ahmet Tayfur
    BORSA ISTANBUL REVIEW, 2023, 23 (06) : 1289 - 1302
  • [6] Convergence in OPEC carbon dioxide emissions: Evidence from new panel stationarity tests with factors and breaks*
    Nazlioglu, Saban
    Payne, James E.
    Lee, Junsoo
    Rayos-Velazquez, Marco
    Karul, Cagin
    ECONOMIC MODELLING, 2021, 100
  • [7] Inequality convergence revisited: Evidence from stationarity panel tests with breaks and cross correlation
    Lin, Pei-Chien
    Huang, Ho-Chuan
    ECONOMIC MODELLING, 2012, 29 (02) : 316 - 325
  • [8] RENTAL PRICE CONVERGENCE IN A DEVELOPING ECONOMY: NEW EVIDENCE FROM NONLINEAR PANEL UNIT ROOT TEST
    Bilgin, Mehmet Huseyin
    Lau, Chi Keung Marco
    Demir, Ender
    Astrauskiene, Nijole
    INTERNATIONAL JOURNAL OF STRATEGIC PROPERTY MANAGEMENT, 2010, 14 (03) : 245 - 257
  • [9] Stability of long-run growth in East Asian countries: New evidence from panel stationarity test with structural breaks
    Ranjbar, Omid
    Li, Xiao-Lin
    Chang, Tsangyao
    Lee, Chien-Chiang
    JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, 2015, 24 (04): : 570 - 589
  • [10] Convergence in income inequality? evidence from panel unit root tests with structural breaks
    Pei-Chien Lin
    Ho-Chuan Huang
    Empirical Economics, 2012, 43 : 153 - 174