A Note on the Balassa Index VCR
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BIProbabilityDens
ityFunction-
Italy
0.0
0
0.0
2
0.0
4
0.0
6
0.0
8
0.1
0
0.1
2
0.00
0.02
0.03
0.05
0.07
0.11
0.17
0.25
0.37
0.55
0.82
1.22
1.82
2.72
4.06
6.05
9.03
13.46
1986
1996
BIProbabilityDensityFunction-
France
0.0
0
0.0
2
0.0
4
0.0
6
0.0
8
0.1
0
0.1
2
0.1
4
0.1
6
0.00
0.02
0.03
0.05
0.07
0.11
0.17
0.25
0.37
0.55
0.82
1.22
1.82
2.72
4.06
6.05
9.03
13.46
1986
1996
BIProbabilitiyDensity
Function-
Germany
0.0
0
0.0
2
0.0
4
0.0
6
0.0
8
0.1
0
0.1
2
0.00
0.02
0.03
0.05
0.07
0.11
0.17
0.25
0.37
0.55
0.82
1.22
1.82
2.72
4.06
6.05
9.03
13.46
1986
1996
BIProbabilitiyDensityFunction-
Japan
0.00
0.01
0.02
0.03
0.04
0.05
0.06
0.07
0.08
0.09
0.10
0.00
0.02
0.03
0.05
0.07
0.11
0.17
0.25
0.37
0.55
0.82
1.22
1.82
2.72
4.06
6.05
9.03
13.46
1986
1996
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Balassa
P-R
0 1
0 1
x x x x x x x x
x x x x x x x x
x x x x x x x x
x x x x x x x x
x x x x x x x x
Balassa
P-R
0 1
0 1
x x x x x x x
x x x x x x x
x x x x x x x
x x x x x x x x
x x x x x x x x
1/
1/
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-8
-6
-4
-2
0
2
0
0,0
40,1
0,1
8
0,2
5
0,3
5
0,4
3
0,4
8
0,5
3
0,6
1
0,6
8
0,7
9
0,8
8
0,9
5
1,0
5
1,1
3
1,2
3
1,3
6
1,5
21,7
2,0
22,3
2,6
9
3,5
7
7,7
7
Ln-Laursen 2 digits
Ln-Laursen 4 digits
BI =1
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Italy(1986 [black] - 1996 [grey])
0.00
0.20
0.40
0.60
0.80
1.00
0.00 0.20 0.40 0.60 0.80 1.00
Cumulate Xw s/ Xw
CumulateXcs/Xc
France(1986 [black] - 1996 [grey])
0.00
0.20
0.40
0.60
0.80
1.00
0.00 0.20 0.40 0.60 0.80 1.00
Cumulate Xw s/ Xw
CumulateXcs/Xc
Germany(1986 [black] - 1996 [grey])
0.00
0.20
0.40
0.60
0.80
1.00
0.00 0.20 0.40 0.60 0.80 1.00
Cumulate Xw s/ Xw
CumulateXcs/Xc
Japan(1986 [black] - 1996 [grey])
0.00
0.20
0.40
0.60
0.80
1.00
0.00 0.20 0.40 0.60 0.80 1.00
Cumulate Xw s/ Xw
CumulateXcs/Xc
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