Analyzing convergence across African economies while allowing for measurement errors
Abstract
We propose a new spatio-temporal hierarchical clustering approach that is suitable for clustering African countries based on Gross Domestic Product under measurement error. To accommodate for measurement error, we use slave trade as an instrument. Furthermore, we extend our method to allow for a range of macroeconomic indicators, instead of just GDP. We document that our findings largely agree on the degree of convergence.
Fields of Study & Subjects
Economic and Technological Innovation
Economic Growth and Productivity
Time Series Analysis and Forecasting
Publication details
- Journal / source
- Socio-Economic Planning Sciences
- Publisher
- Elsevier BV
- Volume
- 104
- Pages
- 102415–102415
- Publication date
- 10 January 2026
- Language
- EN