Montasser, Ghassen El; Gupta, Rangan; Smithers, Devon - Department of Economics, Faculty of Economic and … - 2014
In this paper, the convergence of income per capita across U.S. metropolitan statistical areas (metros) are examined over the period between 1969 and 2011. We initiate the analysis with multivariate tests for stability, and the existence of unit roots. The analysis is complemented by the use of...