• Title of article

    Convergence forward and backward?

  • Author/Authors

    Quentin Wodon، نويسنده , , Shlomo Yitzhaki، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    5
  • From page
    47
  • To page
    51
  • Abstract
    This note clarifies the relationship between β-convergence and σ-convergence in a univariate setting. In such a setting, σ-convergence implies β-convergence, but β-convergence does not imply σ-convergence. The results imply that caution should be used for the interpretation of the very concept of β-convergence in empirical work.
  • Keywords
    Convergence , growth
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    435969