O'NEILL, DONAL; KERM, PHILIPPE VAN - In: Manchester School 76 (2008) 1, pp. 1-20
We develop an integrated framework for studying income convergence that incorporates traditional measures of &bgr;-convergence and &sgr;-convergence. These concepts are formally linked by a measure of re-ranking (or leapfrogging). Our proposed measure of &bgr;-convergence allows for nonlinearities in the...