Abstract
We propose a simple measure of β-convergence which is not subject to Galton's fallacy. We illustrate our measure with OECD data for the period 1950-1988. We find evidence of β-convergence but only in the presence of σ-convergence. © Blackwell Publishers 1997.
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CITATION STYLE
APA
Boyle, G. E., & McCarthy, T. G. (1997). A simple measure of β-convergence. Oxford Bulletin of Economics and Statistics, 59(2), 257–264. https://doi.org/10.1111/1468-0084.00063
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