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Analysis of convergence in transport infrastructure: a global evidence
2021
This study investigates the convergence in transport infrastructure for 102 countries spanning 1990-2018 using Phillips and Sul econometric methodology. We constructed a transportation infrastructure by a composite index of transportation computed via principal component analysis (PCA). Our findings suggest the presence of panel convergence at the global level, while the income groups exhibited panel divergence. The results obtained from the iterative testing procedure suggest that the
doi:10.18757/ejtir.2021.21.2.5368
fatcat:x6tktjp4ujczrbd3oyvsn2ylaq