What should be the appropriate kq value for convergence analysis in a yearly dataset? Should it be 0.3 or 0.2? I’d appreciate your clarification. Thank you!
for example (stata syntax): psecta lnpgdp2, name(country) kq(0.333) gen(club) noprt
for example (stata syntax): psecta lnpgdp2, name(country) kq(0.333) gen(club) noprt