Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data

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
Authors:	Young, Andrew T. ; Higgins, Matthew J. ; Levy, Daniel
Publisher:	Ramat-Gan : Bar-Ilan University, Department of Economics
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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Series:	Working Paper ; 2006-01
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/259355 [Handle] RePEc:biu:wpaper:2006-1 [RePEc]
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:	EconStor

Persistent link: https://www.econbiz.de/10013204753