New evidence of regional income divergence in post-reform Russia

Alisher Akhmedjonov, Chi Keung Lau, Berna Balcı Izgi

    Research output: Contribution to journalArticlepeer-review

    10 Citations (Scopus)

    Abstract

    This article investigates regional income convergence in Russia during 2000–2008. We test the hypothesis in which income divergence across regions of the country should give place to income convergence as the country moves toward free market economy with strong market institutions. The study contributes to the existing literature by using the exponential smooth autoregressive Augmented Dickey–Fuller (ADF) unit root test in a panel setup, a novel econometric technique, which encompasses cross sectional dependence. Results show strong evidence of on-going regional income divergence in post-reform period.
    Original languageEnglish
    Pages (from-to)2675-2682
    JournalApplied Economics
    Volume45
    Issue number18
    DOIs
    Publication statusPublished - 2013

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