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Young, Andrew T.; Higgins, Matthew J.; Levy, Daniel C. - 2013 - Last Revision: April 2013

We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity …. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are … essentially uncorrelated with income levels. -- Economic Growth ; Conditional Convergence ; Heterogeneity ; U.S. County Level Data …

Persistent link: https://www.econbiz.de/10009727539

Federal, state, and local governments : evaluating their separate roles in US growth

Higgins, Matthew J. (contributor); … - 2008

We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...

Persistent link: https://www.econbiz.de/10003781387

Regional effects of federal tax shocks

Hayo, Bernd; Uhl, Matthias - 2012

This paper studies regional output asymmetries following U.S. federal tax shocks. We estimate a vector autoregressive model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find considerable variations: estimated output multipliers lie...

Persistent link: https://www.econbiz.de/10009534065