Basturk, N.

model cluster country growth density parameter distribution mixture candidate effect probability level method variable result table flation approach likelihood value regressor period sampling estimate 0.00 1.00 number student-t sample mitisem membership cluster membership probabilities journal analysis bayesian development capita growth rates iv model figure instrument weight section component convergence growth rates error mixture model capita series investment simulation difference kernel gdp levels function estimation group algorithm expectation level shifts fication 59 countries regression target matrix vector growth determinants paper study estimator importance university flation expectations parameter estimates development indicators candidate density shift change convergence clubs heterogeneity