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Convergence Equations and Income Dynamics

The Sources of OECD Convergence, 1970–1995

Bibliographic Data

ID9725290
AuthorsAngel De La Fuente (0000-0002-5738-5162, Ifo Institute for Economic Research, corresponding author)
Year2003
Volume70
Issue280
Pages655-671
Publication date2003-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1046/j.0013-0427.2003.00001.x
OpenAlexW1996036697
LanguageEN
Citations received3
References cited16

This paper illustrates how convergence equations can be used to analyse the dynamics of the income distribution using a simple extension of standard techniques. Using data for a sample of OECD countries, I estimate an equation that relates growth in income per capita to the standard growth theory variables, government size and labour market performance indicators. The estimated model and the underlying data are then used in a convergence accounting exercise that yields quantitative estimates of the contribution of each of these variables to the relative growth performance of each country and to observed convergence in the sample

Convergence (economics) · Distribution (mathematics) · Econometrics · Economics · Extension (predicate logic) · Macroeconomics · Per capita income · Physics · Sample (material) · Simultaneous equations model · Computer Science · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Mathematics · Sustainable Development and Environmental Policy

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Unique citing works3
Citations per year0,43
Citation span2019 - 2023 (5)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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