IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v6y1999i6p343-347.html
   My bibliography  Save this article

Simple measures of convergence in per capita GDP: a note on some further international evidence

Author

Listed:
  • G. E. Boyle
  • T. G. McCARTHY

Abstract

We apply simple measures of convergence in per capita GDP, namely, the trends in the coefficient of variation (σ-convergence) and rank concordance (γ-convergence), for the period 1960-92 to a wide group of countries which are classified using the World Bank typology. The findings indicate sigma-convergence, albeit at a slow rate, for 'High Income' and 'Upper Middle Income' countries, very slow to negligible convergence for 'Lower Middle Income' countries and divergence for 'Low Income' countries. Our results also suggest several periods for all country categories when σ-convergence is constant. However, since we do not find γ-convergence during these episodes, we conclude that β-convergence is not demonstrated. The rank concordance measure emerges as significant only from about the late 1980s, save in the case of 'Low Income' countries where 'leap frogging' is observed from about 1981. The implications of these results for the neoclassical growth model are discussed.

Suggested Citation

  • G. E. Boyle & T. G. McCARTHY, 1999. "Simple measures of convergence in per capita GDP: a note on some further international evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 6(6), pages 343-347.
  • Handle: RePEc:taf:apeclt:v:6:y:1999:i:6:p:343-347
    DOI: 10.1080/135048599353041
    as

    Download full text from publisher

    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/135048599353041&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carmela Martin & Francisco J. Velazquez & Bernard Funck, 2001. "European Integration and Income Convergence : Lessons for Central and Eastern European Countries," World Bank Publications, The World Bank, number 13968, July.
    2. Iulia Andreea Bucur, 2012. "National And Regional Coordinates Of The Real Convergence Process Intensity In The Enlarged European Union," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(3), pages 274-287, September.
    3. Naved Ahmad, 2008. "Corrupt clubs and the convergence hypothesis," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 11(1), pages 21-28.
    4. Kenneth G. Stewart & Michael C. Webb, 2003. "Capital Taxation, Globalization, and International Tax Competition," Econometrics Working Papers 0301, Department of Economics, University of Victoria.
    5. Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2005. "The Quantity and Quality of Life and the Evolution of World Inequality," American Economic Review, American Economic Association, vol. 95(1), pages 277-291, March.
    6. Amalia Morales-Zumaquero & Simón Sosvilla-Rivero, 2016. "A contribution to the empirics of convergence in real GDP growth: the role of financial crises and exchange-rate regimes," Applied Economics, Taylor & Francis Journals, vol. 48(23), pages 2156-2169, May.
    7. Domazet Anto & Sendić Rusmir & Alić Adi, 2012. "Convergence analysis of household expenditures using the absolute β-convergence method," Business Systems Research, De Gruyter Open, vol. 3(1), pages 23-29, June.
    8. Michele Battisti & Christopher F. Parmeter, 2010. "Convergence Tools and Mixture Analysis," Working Papers CELEG 1007, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    9. repec:exl:25engi:v:27:y:2016:i:3:p:304-315 is not listed on IDEAS
    10. Peter Gripaios & Paul Bishop & Sarah Keast, 2000. "Differences in GDP per head in GB counties: some suggested explanations," Applied Economics, Taylor & Francis Journals, vol. 32(9), pages 1161-1167.
    11. 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.
    12. Denis Bouget, 2009. "Trends of Social Welfare Systems : From Convergence to Attractiveness, an Exploratory Approach," Working Papers hal-00441889, HAL.
    13. repec:kap:openec:v:29:y:2018:i:2:d:10.1007_s11079-017-9456-x is not listed on IDEAS
    14. Carmela Martín & Ismael Sanz, 2003. "Real Convergence and European Integration: The Experience of the Less Developed EU Members," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 205-236, September.
    15. Martín, Carmela & Mulas-Granados, Carlos & Sanz, Ismael, 2005. "Spatial distribution of R&D expenditure and patent applications across EU regions and its impact on economic cohesion," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 6, pages 41-61.
    16. Grafström, Jonas, 2017. "An Econometric Analysis of Divergence of Renewable Energy Invention Efforts in Europe," Ratio Working Papers 295, The Ratio Institute.
    17. Paul Bishop & Peter Gripaios, 2006. "Earnings convergence in UK counties: a distribution dynamics approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(1), pages 29-33.
    18. Francisco J. Delgado Rivero (*), "undated". "Are The Tax Mix And The Fiscal Pressure Converging In The European Union?," Working Papers 11-06 Classification-JEL , Instituto de Estudios Fiscales.
    19. Riccardo Crescenzi & Guido Fabiani, 2007. "Globalisation and convergence of the agro-food systems of the industrial economies," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, May.
    20. 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.
    21. Sebestyénné Szép, Tekla, 2016. "Energetikai konvergencia az Energia 2020 stratégia tükrében. A konvergenciaszámítások alkalmazásának egy alternatív lehetősége
      [Energy convergence in the light of the Energy 2020 strategy. An alter
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 564-587.
    22. Paul Bishop & Peter Gripaios, 2004. "Earnings biases and convergence in the UK: a county level analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 11(1), pages 33-37.
    23. Peng Bin & Marco Vassallo, 2016. "The Growth Path of Agricultural Labor Productivity in China: A Latent Growth Curve Model at the Prefectural Level," Economies, MDPI, Open Access Journal, vol. 4(3), pages 1-20, June.

    More about this item

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:6:y:1999:i:6:p:343-347. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.