Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data (revised version)

In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence has not occurred at the county-level across the U.S., or within the vast majority of the individual U.S. states considered separately.

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Year of publication:	2006-06
Authors:	Young, Andrew T. ; Higgins, Matthew J. ; Levy, Daniel
Institutions:	Department of Economics, Bar Ilan University
Subject:	Sigma Convergence \| Beta Convergence \| Solow Growth Model \| Speed of Convergence \| U.S. County-Level Data \| Income Distribution \| Gini Coefficient \| Equality

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2006-1
Classification:	O40 - Economic Growth and Aggregate Productivity. General ; O11 - Macroeconomic Analyses of Economic Development ; O18 - Regional, Urban, and Rural Analyses ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008465856