Abstract
This paper investigates club convergence in real GDP per capita in NUTS 2 level at Turkey from 2005 to 2019 by using Phillips and Sul (2009, 2007) procedure. After determining the initial clubs, to seek merging clubs we perform Phillips and Sul (2009) and Lyncker and Thoennessen (2017) procedure. As a result, we find 7 convergence clubs and one divergent club following Phillips and Sul (2009, 2007) and we don’t find any merging clubs following Phillips and Sul (2009) and Lyncker and Thoennessen (2017) procedure. After determining the convergence and merging clubs, this paper also scrutinizes the dynamic effects of public capital on regional convergence employing system generalized method-of-moments (System GMM) estimators. It has been concluded that from System GMM results, share of public investments in GDP do not have a significant role as a determinant of any clubs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
