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The method is shown to be stable and convergent and is validated by convergence tests.
Convergence tests show that the solution is second-order convergent in the L-norm, with respect to the maximum distance between neighboring nodes (Krottje, 2003b).
The authors did not find significant evidence that health expenditure in the selected EU countries converge, which is in contrast to the simpler β− and σ− convergence tests by Nixon [50] and Hitiris & Nixon [37].
Like the countries already in the monetary union, Britain will have formally to pass the convergence tests set by the Maastricht treaty of 1992.
Britain already meets all the "convergence tests" set out in the Maastricht treaty of 1992, bar the condition about exchange-rate stability, which is expected to be fudged through a political deal.
Fig. 2 Convergence tests.
Convergence tests are shown demonstrating second-order accuracy.
At the initial stage of calculations, a number of convergence tests are performed.
Various convergence tests will be used to assess whether stationary has indeed been reached [32].
Based on the convergence tests, we use comparable dimensions in all calculations of various steps.
For comparison with previous studies, we also conducted β− and σ− convergence tests.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com