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A Simple Measure of Beta-Convergence

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Author Info
Boyle, G E
McCarthy, T G

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Abstract

The 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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Publisher Info
Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.

Volume (Year): 59 (1997)
Issue (Month): 2 (May)
Pages: 257-64
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Handle: RePEc:bla:obuest:v:59:y:1997:i:2:p:257-64

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  1. Carmela Martin & Francisco J. Velazquez., 2001. "An Assessment of Real Convergence of Less Developed EU Members: Lessons for the CEEC Candidates," European Economy Group Working Papers 5, European Economy Group. [Downloadable!]
  2. Gerry Boyle; & Tom McCarthy, 1997. "Simple Measures of Convergence in Per Capita GDP: A Note on Some Further International Evidence," Economics, Finance and Accounting Department Working Paper Series n751197, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth. [Downloadable!]
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  3. Paul Bishop & Peter Gripaios, 2004. "Earnings biases and convergence in the UK: a county level analysis," Applied Economics Letters, Taylor and Francis Journals, vol. 11(1), pages 33-37, January. [Downloadable!] (restricted)
  4. Yusuf Tashrifov, 2005. "The Effects of Market Reform on Cotton Production Efficiency. The Case of Tajikistan," International and Development Economics Working Papers idec05-8, International and Development Economics. [Downloadable!]
  5. Ismael Sanz & Francisco J. Velazquez, 2001. "The evolution and convergence of the government expenditure composition in the OECD countries: an analysis of the functional distribution," European Economy Group Working Papers 9, European Economy Group. [Downloadable!]
    Other versions:
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