Cermeño, Rodolfo; Mayer-Foulkes, David; Martínez, Ariadna - Centro de Investigación y Docencia Económicas (CIDE) - 2006
In this document we analyze the dynamics of per capita value added in manufacturing as a proxy of per capita income in Mexico’s municipalities and US counties. Specifically we seek to determine if there is convergence (absolute or conditional), divergence or stratification. A dynamic panel...