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
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Deutsch
- Erschienen in
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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
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Geistige Schöpfung
- (wer)
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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
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10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Young, Andrew T.
- Higgins, Matthew J.
- Levy, Daniel
- Ohio State University
- ZBW – Leibniz Information Centre for Economics
Entstanden
- 2008
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