“…This research uses the beta (β) convergence technique that is in line with the methodological motivations of the paper, consistent with the bulk of literature on the imperative of the adopted estimation technique to be consistent with data behavior and study objective (Chao et al, 2019;Zhang et al, 2019;Li et al, 2014Li et al, , 2016Kou et al, 2012Kou et al, , 2014Kou et al, , 2016Kou et al, , 2019aKou et al, , 2019b). This procedure of estimation is typically in line with the income catch-up scholarship that has been assessed building on models of neoclassical growth, notably: Baumol (1986); Sala-i-Martin (1992, 1995) and Mankiw et al (1992).…”