Anderson, Gordon, Linton, Oliver and Leo, Teng Wah (2012) A polarization-cohesion perspective on cross-country convergence. Journal of Economic Growth, 17 (1). pp. 49-69. ISSN 1381-4338
Full text not available from this repository.Abstract
Understanding whether the gap between rich and poor country wellbeing is narrowing is really about whether rich and poor groups can be identified in the overall size distribution of the characteristic of interest, and how those respective subgroup size distributions are changing. Here two simple statistics for analyzing the issue are introduced which are capable of discerning, in many dimensions, changes in the underlying distributions which reflect combinations of increasing (decreasing) subgroup location differences and decreasing (increasing) subgroup spreads, which are the characteristics of polarization (de-polarization). When applied in an examination of the distribution of lifetime GDP per capita over time, the population weighted version exhibits de-polarization and the unweighted version exhibits polarization. As a collection of countries, Africa is diverging from the rest of the world regardless of the weighting scheme.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.springerlink.com/content/1381-4338/ |
| Additional Information: | © 2011 Springer |
| Divisions: | Economics |
| Subjects: | H Social Sciences > HA Statistics H Social Sciences > HB Economic Theory Q Science > QA Mathematics |
| JEL classification: | C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C14 - Semiparametric and Nonparametric Methods I - Health, Education, and Welfare > I3 - Welfare and Poverty > I32 - Measurement and Analysis of Poverty O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output (Income) Convergence |
| Date Deposited: | 18 Nov 2011 11:16 |
| Last Modified: | 18 Sep 2024 04:45 |
| URI: | http://eprints.lse.ac.uk/id/eprint/39647 |
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