A New Approach for Analysing Income Convergence across Countries

Donal O'Neill and Philippe Van Kerm

Economics Department Working Paper Series from Department of Economics, National University of Ireland - Maynooth

Abstract: In this paper we develop a coherent framework that integrates both traditional measures of â-convergence and ó-convergence within a study of cross-country income dynamics. To do this we exploit the close links that exist between studies of income mobility and studies analysing the progressivity of the tax system. We also develop a welfare interpretation for the concept of â-convergence, which distinguishes it from the more general form of ó-convergence and which also suggests that the â-process may be worthy of independent study. We illustrate our approach using data for the period 1960-2000.

Pages: 31 pages
Date: 2003-10
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Related works:
Working Paper: A New Approach For Analysing Income Convergence Across Countries (2004)
Working Paper: A new approach for analysing income convergence across countries (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:may:mayecw:n1261003

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