Similar Search Results

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

Young, Andrew T.; Higgins, Matthew John; Levy, Daniel - 2015

In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence … sigma-convergence cannot be detected at the county-level across the U.S., or within the large majority of the individual U …

Persistent link: https://www.econbiz.de/10014026226

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

Young, Andrew T.; Higgins, Matthew John; Levy, Daniel - 2015

In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence … sigma-convergence has not occurred at the county-level across the U.S., or within the vast majority of the individual U …

Persistent link: https://www.econbiz.de/10014029829

The Direct and Indirect Effects of Small Business Administration Lending on Growth : Evidence from U.S. County-Level Data

Young, Andrew T. - 2015

Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...

Persistent link: https://www.econbiz.de/10013032373

Heterogeneous convergence

Young, Andrew T.; Higgins, Matthew J.; Levy, Daniel C. - 2013 - Last Revision: April 2013

We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity …. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are … essentially uncorrelated with income levels. -- Economic Growth ; Conditional Convergence ; Heterogeneity ; U.S. County Level Data …

Persistent link: https://www.econbiz.de/10009727539

Federal, state, and local governments : evaluating their separate roles in US growth

Higgins, Matthew J. (contributor); … - 2008

We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...