Artikel

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.

Sprache
Deutsch

Erschienen in
Journal: Journal of Money, Credit and Banking ; ISSN: 1538-4616 ; Volume: 40 ; Year: 2008 ; Issue: 5 ; Pages: 1083-1093 ; Columbus: Ohio State University

Klassifikation
Wirtschaft
Economic Growth and Aggregate Productivity: General
Macroeconomic Analyses of Economic Development
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Thema
sigma-convergence
beta-convergence
Solow growth model
speed of convergence
balanced growth
U.S. county-level data
income distribution
Gini coefficient
income equality

Ereignis
Geistige Schöpfung
(wer)
Young, Andrew T.
Higgins, Matthew J.
Levy, Daniel
Ereignis
Veröffentlichung
(wer)
Ohio State University
ZBW – Leibniz Information Centre for Economics
(wo)
Columbus
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:46 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.

Objekttyp

  • Artikel

Beteiligte

  • Young, Andrew T.
  • Higgins, Matthew J.
  • Levy, Daniel
  • Ohio State University
  • ZBW – Leibniz Information Centre for Economics

Entstanden

  • 2008

Ähnliche Objekte (12)