Testing the Financial Convergence Hypothesis and Estimating the Convergence Rate in Selected Countries (Generalized Method of Moments Approach)

The hypothesis of financial convergence, as one of the upshots of neoclassical economic growth models, emphasizes the process of reducing the financial gap between countries, and in meantime, the speed of this convergence is of particular importance. Hence, the main purpose of this study is to test...

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Bibliographic Details
Main Authors: Hatef Hazeri Niri, Farzad Rahimzadeh, Siamak ShokouhiFard
Format: Article
Language:fas
Published: Center for Development Research and Foresight 2022-02-01
Series:پژوهش‌های برنامه و توسعه
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Online Access:https://www.journaldfrc.ir/article_154390_4d44e35baeb69ff8b8018f134bbc1bf7.pdf
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