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 sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence has not occurred at the county-level across the U.S., or within the vast majority of the individual U.S. states considered separately. Indeed, in many cases statistically significant σ-divergence is found.
- Bar-Ilan University Israel
- National Bureau of Economic Research United States
- University of Utah United States
- Max Planck Society Germany
- The University of Texas System 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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