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
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