Table 1 The log t convergence test
From: Convergence and determinants of health expenditures in OECD countries
Group | Countries | “log t” test | Average annual growth rate | |
|---|---|---|---|---|
Coef. (γ) | t-stat | |||
1 | Luxembourg, Norway, Portugal, Turkey, Iceland, Ireland, Spain, United States | -0.072 | -1.010 | ***0.079 |
2 | Austria, Belgium, Japan, United Kingdom | ***1.969 | 8.477 | ***0.069 |
3 | Australia, Canada, Finland, Netherlands, Switzerland, Denmark, Germany, New Zealand, Sweden | 0.031 | 0.224 | ***0.058 |
All countries | ***-1.846 | -64.332 | ***0.068 | |