Some new insights into real convergence in MENA countries’ regional areas: a spatial econometric analysis

Authors

  • Nicolas Péridy Léad, Université de Toulon
  • Mohamed Hazem Université de Sousse
  • Marc Brunetto Léad, Université de Toulon

DOI:

https://doi.org/10.17811/ebl.2.4.2013.150-160

Abstract

This paper proposes an analysis of real income convergence in MENA countries for more than 800 disaggregated regional areas. A spatial analysis is implemented in order to take into account the spatial interactions of GDP per capita in these areas. Moreover, a b-convergence equation (absolute and conditional) is estimated with spatially correlated errors and spatial lag models. The conditional model also includes original climate variables (temperature and precipitations) at the same geographical level. Results show that the hypothesis of regional convergence is generally accepted in most MENA countries, with the exception of Egypt and Morocco. However, the convergence process is slow and climate change in MENA countries is likely to further slowdown this process.

Author Biography

Nicolas Péridy, Léad, Université de Toulon

Nicolas Péridy is Professor of International Economics at the Université du Sud Toulon-Var (LEAD, France). His research topics mainly include international trade, regional integration, migration and convergence. He has published more than 30 articles in international reviews, such as World Economy, Review of World Economics, Journal of Economic Integration, Economics Letters, International Economic Journal. He is a consultant for several international organizations including the World Bank, the United Nations and the European Commission (FEMISE network)

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Published

12-09-2013

How to Cite

Péridy, N., Hazem, M., & Brunetto, M. (2013). Some new insights into real convergence in MENA countries’ regional areas: a spatial econometric analysis. Economics and Business Letters, 2(4), 150–160. https://doi.org/10.17811/ebl.2.4.2013.150-160

Issue

Vol. 2 No. 4 (2013): December - Special Issue: Revisiting convergence

Section

Special Section

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