Frey, Daniel and Frey, Miriam and Wieslhuber, Carmen (2013) Do natural resources define convergence clubs? Empirical evidence from the Kazakh regions. ECONOMIC SYSTEMS, 37 (3). pp. 404-414. ISSN 0939-3625,
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This paper deals with the hypothesis that natural resources are important in forming convergence clubs. We check this hypothesis by applying a dependence and an endowment measure of natural resource abundance and a regression tree analysis. The results indicate that for the Kazakh regions natural resources do indeed play an important role in forming convergence clubs. It is further shown that natural resource endowment rather than resource dependence determines initial conditions and thereby convergence clubs. (C) 2013 Elsevier B.V. All rights reserved.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | ECONOMIC-GROWTH; EUROPEAN REGIONS; INVESTMENT; STATES; Convergence clubs; Natural resources; Regression tree; Kazakhstan |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Internationale und Monetäre Ökonomik (Prof. Dr. Jürgen Jerger) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 01 Apr 2020 06:35 |
| Last Modified: | 01 Apr 2020 06:35 |
| URI: | https://pred.uni-regensburg.de/id/eprint/16113 |
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