This article by Raynauld Letourneau and Martine Lajoie of Industry Canada provides a detailed regional analysis of levels of living standards, measured as output per capita, and productivity (output per worker) for the 1995-97 period, the most recent data currently available. They find that all...

The historical analysis of US regional growth is improved by augmenting existing estimates of state personal income per capita, extending previous studies of convergence across states, and more broadly, offering an improved basis for interpreting other issues in regional development such as the...

This paper exploits the dual growth accounting framework to determine the effect of schooling on total-factor productivity (TFP) growth for U.S. states over 1980 to 2010. Our growth accounting exercise shows that the current literature, which approximates TFP growth by only real wage growth,...

This paper exploits the dual accounting technique to uncover multi-factor productivity growth patterns for goods and services across US states from 1980 to 2007. Due to changes in sectoral classifications, the period is divided into two parts, 1980-1997 and 1998-2007. Over both periods, states...

This paper examines U.S. per capita income convergence in 1929-2002 using a panel approach based on the assumptions of multiple aggregate structural breaks and growth clubs. One novelty is that our specification explicitly allows for regional conditional convergence to the nation, while at the...

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...

Even in science, there is always the human element of using our own assumptions in logic, our feelings, our values and numerous criteria we must deal with. In addition, we often have to include the measurements of tangibles that always need agreed upon subjective judgement to interpret what...