Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data
Copyright policy )Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data
In this paper, we outline (i) why σ‐convergence may not accompany β‐convergence, (ii) discuss evidence of β‐convergence in the United States, and (iii) use U.S. county‐level data containing over 3,000 cross‐sectional observations to demonstrate that σ‐convergence cannot be detected at the county level across the United States, or within the large majority of the individual U.S. states considered separately. Indeed, in many cases statistically significant σ‐divergence is found.
- Max Planck Society Germany
- Ludwig-Maximilians-Universität München Germany
- The University of Texas System United States
- University of Utah United States
- National Bureau of Economic Research United States
O18 - Urban, Income Distribution, income distribution, O40, Income equality, and Transportation Analysis, sigma-convergence; beta-convergence; Solow growth model; speed of convergence; balanced growth; U.S. county-level data; income distribution; Gini coefficient; income equality, US county-level data, O11 - Macroeconomic Analyses of Economic Development, Balanced growth, Rural, Environmental Issues, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, U.S. County-Level Data, Sigma-convergence, Speed of Convergence, O11, ddc:330, O40 - General, O18, Regional, σ-convergence, Income distribution, [SHS] Humanities and Social Sciences, balanced growth, Gini Coefficient, Sigma Convergence, Development, beta-convergence, Solow growth model, Gini coefficient, Equality, Economic Growth, Convergence, ó-convergence, sigma convergence, â-convergence, beta convergence, US County Level Data, income equality, Solow Growth Model, H70 - General, and Changes, Infrastructure, Beta-convergence, Speed of convergence, R11, Beta Convergence, β-convergence, speed of convergence, Housing, U.S. county-level data, R11 - Regional Economic Activity: Growth, σ-convergence, β-convergence, Solow growth model, speed of convergence, sigma-convergence, jel: jel:H70, jel: jel:O11, jel: jel:O18, jel: jel:O40, jel: jel:R11
O18 - Urban, Income Distribution, income distribution, O40, Income equality, and Transportation Analysis, sigma-convergence; beta-convergence; Solow growth model; speed of convergence; balanced growth; U.S. county-level data; income distribution; Gini coefficient; income equality, US county-level data, O11 - Macroeconomic Analyses of Economic Development, Balanced growth, Rural, Environmental Issues, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, U.S. County-Level Data, Sigma-convergence, Speed of Convergence, O11, ddc:330, O40 - General, O18, Regional, σ-convergence, Income distribution, [SHS] Humanities and Social Sciences, balanced growth, Gini Coefficient, Sigma Convergence, Development, beta-convergence, Solow growth model, Gini coefficient, Equality, Economic Growth, Convergence, ó-convergence, sigma convergence, â-convergence, beta convergence, US County Level Data, income equality, Solow Growth Model, H70 - General, and Changes, Infrastructure, Beta-convergence, Speed of convergence, R11, Beta Convergence, β-convergence, speed of convergence, Housing, U.S. county-level data, R11 - Regional Economic Activity: Growth, σ-convergence, β-convergence, Solow growth model, speed of convergence, sigma-convergence, jel: jel:H70, jel: jel:O11, jel: jel:O18, jel: jel:O40, jel: jel:R11
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