Fabio Canova
Testing for Convergence Clubs in Income Per Capita: A Predictive Density Approach*
article proposes technique based predictive density data conditional parameters model jointly tests groups unknown size panel estimate parameters group procedure applied problem identifying convergence clubs scaled income per capita data steadystate distribution european regional data clusters around four poles attraction different economic features distribution income per capita oecd countries two poles attraction group clearly identifiable economic characteristics share uncommonness different j p roche