English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

In this paper we use the nonlinear unit root test and the replacement residual sampling, i.e. the Bootstrap method, to analyze the relative dynamic growth of GDP per capita between China and EAEC countries, observe the stochastic convergence of economy, and further divide the convergence into the long-term convergence and process convergence. The empirical results show that: compared with China, all EAEC countriesi¯ per capital output gap is characterized by the nonlinear time series and the majority of countriesi¯ in the nonlinear convergence. This gives a new perspective for the market-guided economic integration planning development, as well as reducing regional disparities.

A Nonlinear Empirical Test on the Stochastic Convergence of Economic Growth: A Case Study of East Asian Economic Community