We consider large-order perturbative expansions in QED and QCD. The
coefficients of the expansions are known to be dominated by the so called
ultraviolet (UV) renormalons which arise from inserting a chain of
vacuum-polarization graphs into photonic (gluonic) lines. In large orders the
contribution is associated with virtual momenta k2 of order Q2en where
Q is external momentum, e is the base of natural logs and n is the order
of perturbation theory considered. To evaluate the UV renormalon we develop
formalism of operator product expansion (OPE) which utilizes the observation
that k2≫Q2. When applied to the simplest graphs the formalism reproduces
the known results in a compact form. In more generality, the formalism reveals
the fact that the class of the renormalon-type graphs is not well defined. In
particular, graphs with extra vacuum-polarization chains are not suppressed.
The reason is that while inclusion of extra chains lowers the power of lnk2 their contribution is enhanced by combinatorial factors.Comment: LaTex, 18 pages, 5 figures. Some numerical coefficients are corrected
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