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An alternative test to check the validity of convergence results

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  • Don Webber
  • Paul White

Abstract

This article presents a simple method for identifying distributional dynamic properties of economies using the ideas of concordance and discordance. It can be employed to examine the strength and validity of the results of other methods. The method has the advantage of comparing distributions at two points without relying on intermediary data between the two time points. We present results that suggest there is more 'strong-divergence' than 'strong-convergence' in GDP between countries over the time period 1960 to 2000 although the distribution exhibits both convergent and divergent characteristics.

Suggested Citation

  • Don Webber & Paul White, 2009. "An alternative test to check the validity of convergence results," Applied Economics Letters, Taylor & Francis Journals, vol. 16(18), pages 1825-1829.
    • Handle: RePEc:taf:apeclt:v:16:y:2009:i:18:p:1825-1829
    DOI: 10.1080/13504850701719579
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    Cited by:

    1. Eric Girardin & Cheikh A. T. Sall, 2018. "Inflation Dynamics of Franc-Zone Countries Determinants, Co-movements and Spatial Interactions," Open Economies Review, Springer, vol. 29(2), pages 295-320, April.
    2. Carlos A. Carrasco & Jesus Ferreiro, 2014. "Latin American inflation differentials with USA inflation: does Inflation Targeting make a difference?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 17(1), pages 13-32, March.
    3. Genovaitė Liobikienė & Justina Mandravickaitė, 2013. "Convergence of new members of the EU: changes in household consumption expenditure structure regarding environmental impact during the prosperous period," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(2), pages 407-427, April.

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