Peer-Reviewed Journal Details
Mandatory Fields
O'Neill, D;Van Kerm, P
2008
January
Manchester School
An integrated framework for analysing income convergence
Published
10 ()
Optional Fields
BETA-CONVERGENCE GROWTH INEQUALITY PROGRESSIVITY POLARIZATION DYNAMICS EMPIRICS
76
1
20
We develop an integrated framework for studying income convergence that incorporates traditional measures of beta-convergence and sigma-convergence. These concepts are formally linked by a measure of re-ranking (or leapfrogging). Our proposed measure of beta-convergence allows for nonlinearities in the growth process and explicitly identifies the contribution of faster growth among low-income regions to reductions in overall inequality. To develop our framework we exploit the close links that exist between studies of income convergence and studies that examine the progressivity of the tax system. We illustrate our approach by examining both cross-country and regional income dynamics.
OXFORD
1463-6786
Grant Details