Co, Catherine; Wohar, Mark - In: Economics of Innovation and New Technology 13 (2004) 2, pp. 101-126
(1993) point out that both β- and stochastic convergence are necessary conditions for convergence. Putting these results …-convergence in six of the nine Census regions, in 11 of the 14 leading states and in 28 of the 34 lagging states. Stochastic … convergence, on the other hand, is found in three regions, in four leading states and in 17 lagging states. Carlino and Mills …