Arbeitspapier
Growth and Convergence across the US: Evidence from County-Level Data
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates around 2 percent; 3SLS yields 6–8 percent; (2) convergence rates vary (e.g., the Southern rate is 2.5 times the Northeastern rate); (3) federal, state and local government negatively correlates with growth; (4) the relationship between educational attainment and growth is nonlinear; and (5) finance, insurance & real estate industry and entertainment industry positively correlates with growth while education employment negatively correlates.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2005-06
- Klassifikation
-
Wirtschaft
Economic Growth and Aggregate Productivity: General
Macroeconomic Analyses of Economic Development
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Economywide Country Studies: U.S.; Canada
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
National Government Expenditures and Related Policies: General
State and Local Government; Intergovernmental Relations: General
- Thema
-
Economic Growth
Conditional Convergence
and County-Level Data
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Higgins, Matthew J.
Levy, Daniel
Young, Andrew T.
- Ereignis
-
Veröffentlichung
- (wer)
-
Bar-Ilan University, Department of Economics
- (wo)
-
Ramat-Gan
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Higgins, Matthew J.
- Levy, Daniel
- Young, Andrew T.
- Bar-Ilan University, Department of Economics
Entstanden
- 2005
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