A Simple Measure of Beta-Convergence
AbstractThe authors propose a simple measure of beta-convergence which is not subject to Galton's fallacy. They illustrate with OECD data for the period 1950-88. The authors find evidence of beta-convergence but only in the presence of sigma-convergence. Copyright 1997 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 59 (1997)
Issue (Month): 2 (May)
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- Gerry Boyle; & Thomas McCarthy, 1995. "A Simple Measure of Beta-Convergence," Economics, Finance and Accounting Department Working Paper Series n560495, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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