Heckelman, Jac C. - In: Canadian Journal of Economics 46 (2013) 3, pp. 1085-1109
We perform convergence tests on the U.S. states for per capita income from 1930 to 2009. Crosssectional tests support overall convergence and convergence but may not hold true for the last three decades. Time series tests suggest that about half of the states exhibit stochastic convergence and...