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Victor Martin acknowledges financial support from the Spanish Ministry of Economy and Competitiveness, HAR2013-40760_R.

Analysis of institutional authors

Martin, VCorresponding AuthorVazquez, GAuthor

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September 27, 2022
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Club convergence in Latin America

Publicated to:B E Journal Of Macroeconomics. 15 (2): 791-820 - 2015-01-01 15(2), DOI: 10.1515/bejm-2014-0109

Authors: Martin, Victor; Vazquez, Guillermo

Affiliations

Univ Rey Juan Carlos, Econ Aplicada 1, Madrid 28032, Spain - Author

Abstract

This paper assesses the convergence in per capita income of a group of 18 Latin American countries over the period 1950-2008. We employ a novel regression based convergence test proposed by (Phillips, P. C. B., and D. Sul. 2007. Transition Modeling and Econometric Convergence Tests. Econometrica 75: 1771-1855). Contrary to most previous studies, our approach allows us to examine for evidence of club convergence and enables to endogenously identify groups of countries that convergence to different equilibria. Our results support the existence of convergence clubs, indicating that Latin American countries form three separate groups within which income per capita dispersion is decreasing over time. Moreover, results from an ordered logit model suggest that differences in institutions quality among Latin America countries have played a crucial role in determining club membership.

Keywords

Club convergenceCross-sectionDivergenceEconomic-growthEmissionsInstitutionsLatin americaOecd countriesOutputRegional incomesTestsTime-series analysis

Quality index

Bibliometric impact. Analysis of the contribution and dissemination channel

The work has been published in the journal B E Journal Of Macroeconomics, and although the journal is classified in the quartile Q4 (Agencia WoS (JCR)), its regional focus and specialization in Economics, give it significant recognition in a specific niche of scientific knowledge at an international level.

From a relative perspective, and based on the normalized impact indicator calculated from the Field Citation Ratio (FCR) of the Dimensions source, it yields a value of: 5.38, which indicates that, compared to works in the same discipline and in the same year of publication, it ranks as a work cited above average. (source consulted: Dimensions Jul 2025)

Specifically, and according to different indexing agencies, this work has accumulated citations as of 2025-07-16, the following number of citations:

  • WoS: 10
  • Scopus: 13

Impact and social visibility

From the perspective of influence or social adoption, and based on metrics associated with mentions and interactions provided by agencies specializing in calculating the so-called "Alternative or Social Metrics," we can highlight as of 2025-07-16:

  • The use of this contribution in bookmarks, code forks, additions to favorite lists for recurrent reading, as well as general views, indicates that someone is using the publication as a basis for their current work. This may be a notable indicator of future more formal and academic citations. This claim is supported by the result of the "Capture" indicator, which yields a total of: 12 (PlumX).

Leadership analysis of institutional authors

There is a significant leadership presence as some of the institution’s authors appear as the first or last signer, detailed as follows: First Author (Martín Barroso, Víctor) and Last Author (Vázquez Vicente, Guillermo).

the author responsible for correspondence tasks has been Martín Barroso, Víctor.