Functions for clustering regions that form convergence clubs, according to the definition of Phillips and Sul (2009) <doi:10.1002/jae.1080>.
The package's main functions are findClubs and mergeClubs. The
former finds clubs of convergence, given a dataset with regions in rows and
years in columns, returning an object of class convergence.clubs. The
latter takes as argument an object of class convergence.clubs and
applies the clustering procedure to the convergence clubs contained in the argument,
according to either Phillips and Sul (2009) or von Lyncker and Thoennessen (2016) procedure.
Phillips, P. C.; Sul, D., 2007. Transition modeling and econometric convergence tests. Econometrica 75 (6), 1771-1855.
Phillips, P. C.; Sul, D., 2009. Economic transition and growth. Journal of Applied Econometrics 24 (7), 1153-1185.
von Lyncker, K.; Thoennessen, R., 2016. Regional club convergence in the EU: evidence from a panel data analysis. Empirical Economics.
Useful links: