This paper examines and compares in detail the concepts of β and σ-convergence. It provides a mathematical relation of causality between these two concepts, showing that a necessary condition for the existence of σ-convergence is the existence of β-convergence
Furceri, D. (2005). Beta and sigma convergence: A Mathematical Relation of Causality. ECONOMICS LETTERS, 89(2), 212-215 [doi:10.1016/j.econlet.2005.05.026].
Beta and sigma convergence: A Mathematical Relation of Causality
FURCERI, Davide
2005-01-01
Abstract
This paper examines and compares in detail the concepts of β and σ-convergence. It provides a mathematical relation of causality between these two concepts, showing that a necessary condition for the existence of σ-convergence is the existence of β-convergence
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