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What is s Convergence

Chapter 16
Handbook of Research on Global Indicators of Economic and Political Convergence
It refers to the situation when the cross country values of dispersions over time is falling leading to fall in economic inequality.
Published in Chapter:
Health Status and Convergence in Developing Open Economies: Is Health Status Converging in Developing Economies?
Tonmoy Chatterjee (Ananda Chandra College, India) and Soumyananda Dinda (The University of Burdwan, India)
Copyright: © 2016 |Pages: 18
DOI: 10.4018/978-1-5225-0215-9.ch016
Abstract
This chapter delves into the relationship among different economic issues like economic growth, health status and international trade in the context of convergence literature. In this chapter we illustrate and provide arguments behind the convergence of health status in developing economies in the presence of open economy regime. In this respect we consider a panel data set of 17 developing economies of the time span 1960-2011. In the present study we have found convergence not only in measure of health care status but also in the measure of trade and openness and therefore we have dealt with such kind of complexities. Apart from these we have found that health status improves in the post liberalization period but cross-sectional divergence increases in post liberalization era.
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Chapter 22
Convergence of Forest Resources in Jangalmahal, West Bengal
By this definition of convergence it is meant for a situation when the cross country dispersion measured in coefficients of variations is going down over time.
Published in Chapter: Convergence of Forest Resources in Jangalmahal, West Bengal; From: Handbook of Research on Global Indicators of Economic and Political Convergence
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Chapter 2
The Problems of Development Gap between Developed and Developing Nations: Is There Any Sign of Convergence?
When the dispersion of real per capita income across a group of economies falls over time, it signifies s -convergence.
Published in Chapter: The Problems of Development Gap between Developed and Developing Nations: Is There Any Sign of Convergence?; From: Handbook of Research on Global Indicators of Economic and Political Convergence
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Chapter 1
Convergence Analysis of Households' Consumption Expenditure: A Cross Country Study
Whether the countries are converging to a common steady state or individual steady states, there may be the instance that the inter country dispersion or coefficient of variation is falling over time. If it happens then it is called s convergence. It is a very general phenomenon compared to the ß convergence. In this sense, it is stated that the latter is necessary but the former is sufficient.
Published in Chapter: Convergence Analysis of Households' Consumption Expenditure: A Cross Country Study; From: Handbook of Research on Global Indicators of Economic and Political Convergence
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Chapter 3
Convergence Aspect of Capital Formation: A Study on Major Countries
This is the sufficient approach of convergence. By it, convergence across the economies will occur if the trend of dispersion will be falling over time in a significant manner. The magnitude of dispersion is usually measured by the coefficient of variation. Detail is available in the methodology section.
Published in Chapter: Convergence Aspect of Capital Formation: A Study on Major Countries; From: Handbook of Research on Global Indicators of Economic and Political Convergence
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