Economic Transition and Growth: A Replication
用开源R软件复制了Phillips和Sul（2009）识别经济转型与增长中收敛俱乐部的算法，精确复现了其关键结果，并提出了简化调整使算法可自动应用于其他数据。
Summary Phillips and Sul (Journal of Applied Econometrics 2009, 24 , 1153–1185) provide an algorithm to identify convergence clubs in a dynamic factor model of economic transition and growth. We provide a narrow replication of their key results, using the open source R software instead of the original GAUSS routines. We are able to exactly replicate their results on convergence clubs, corresponding point estimates and standard errors. We comment on minor differences between their reported results and their clustering algorithm. We propose simple adjustments of the original algorithm to make manual intervention unnecessary. The adjustments allow automated application of the algorithm to other data. Copyright © 2016 John Wiley & Sons, Ltd.