2019
DOI: 10.32614/rj-2019-021
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ConvergenceClubs: A Package for Performing the Phillips and Sul's Club Convergence Clustering Procedure

Abstract: This paper introduces package ConvergenceClubs, which implements functions to perform the Sul (2007, 2009) club convergence clustering procedure in a simple and reproducible manner. The approach proposed by Phillips and Sul to analyse the convergence patterns of groups of economies is formulated as a nonlinear time varying factor model that allows for different time paths as well as individual heterogeneity. Unlike other approaches in which economies are grouped a priori, it also allows the endogenous determ… Show more

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Cited by 40 publications
(25 citation statements)
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“… For additional details see also Phillips and Sul (2009), von Lyncker and Thoennessen (2017) and Sichera and Pizzuto (2019). …”
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confidence: 99%
“… For additional details see also Phillips and Sul (2009), von Lyncker and Thoennessen (2017) and Sichera and Pizzuto (2019). …”
mentioning
confidence: 99%
“…5 Further, Phillips and Sul ( 2009) created a clustering algorithm to detect convergence clubs. Recently, Sichera and Pizzuto (2019) adapted Phillips and Sul's method for use in R. See Appendix 1 for a detailed description of the club selection method. This paper makes use of the method developed by Sul (2007, 2009) and programmed in R by Sichera and Pizzuto (2019).…”
Section: Methodsmentioning
confidence: 99%
“…This will expand on some of the past qualitative literature on unions and shed light on possible groups of states with high or low union membership. This method, ©Southern Regional Science Association 2021. especially since it has been recently programmed in R by Sichera and Pizzuto (2019), can be extremely useful to regional economists who may want to test conjectures about convergence among regions or test for groups of regions. The method can easily be adapted to investigate convergence or grouping questions across a variety of topics (for example: unionization levels, house prices, product prices, mortality rates).…”
Section: Introductionmentioning
confidence: 99%
“…An interesting aspect of the analytical framework provided by Phillips and Sul [ 23 ] is that the rejection of the null hypothesis of convergence at the full panel level does not imply evidence against convergence at the subgroup level within the panel. This approach has several advantages [ 32 ]. First, it allows for different time paths as well as individual heterogeneity.…”
Section: Methodsmentioning
confidence: 99%