Abstract
This study examines convergence among the select emerging market economies (EMEs) over two decades, from 2000 to 2020. The coefficient of variation was used to measure sigma convergence. Cross-sectional and panel regression analyses were performed to examine unconditional and conditional beta convergence, respectively. The macroeconomic variables chosen for the panel regression analysis were gross fixed capital formation, current account balance, inflation, research and development expenditure, world governance index and life expectancy index. The results supported the presence of convergence (both sigma and beta) among the EMEs over the selected period. In addition, it was found that, except for the current account balance, all selected variables contributed significantly to the growth process of EMEs.
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