A Simple Measure of Beta-Convergence
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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Volume (Year): 59 (1997)
Issue (Month): 2 (May)
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