We employ Phillips and Sul’s (2007) nonlinear dynamic factor model to investigate whether economic integration within the EU has caused countries’ productive structures become increasingly similar sector-level productivity converge over period 1995-2018. This analysis provides several results. First, countries do not a unique path; instead, we observe clustered patterns for aggregate growth. Se...

BACKGROUND Health-based journal clubs have been in place for over 100 years. Participants meet regularly to critique research articles, to improve their understanding of research design, statistics and critical appraisal. However, there is no standard process of conducting an effective journal club. We conducted a systematic literature review to identify core processes of a successful health jo...

This paper uses a model of growth and imperfect capital mobility across multiple economies to characterize the dynamics of (cross-country) income distributions. This allows convenient study of the convergence hypothesis, and reveals, where appropriate, polarization and clumping within subgroups. The data show little cross-country convergence; instead, the important features are persistence, imm...

The share of livestock in the Gross Domestic Product (GDP) Brazilian agribusiness has considerable relevance country's economy. Specifically, work tests hypothesis convergence and/or formation price clubs each state, taking into account possible technological differences existing among Brazil’s different regions. Data from 12 states, 2004 to 2021, is used. methodology time series analysis, as f...

This study examines the convergence patterns of Euro Area (EA) 17 countries’ sovereign bond yield spreads (relative to German bund) over the period of March 2002 to December 2015, by employing the convergence algorithm developed by Phillips and Sul (2007). The empirical findings suggest rejection of full convergence across the EA17 countries’ bond yields spreads, and the presence of a certain n...

Comprehensive strategies have been implemented to prevent the spread of infectious diseases in China; however, there is a lack evidence on their achievements and traits-based infection heterogeneity.

Indian states are immensely heterogeneous in terms of their socioeconomic activities. The economic structure India is consequently bifurcated too. This study examines, under given heterogeneities, whether credit accessibility among converges over time, particularly industrial and agricultural lending. We employ the concept club convergence find that substantial heterogeneities multiple transiti...