Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2006-01

Classification and Topics

• Classification: 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
• Subject: Sigma Convergence ; Beta Convergence ; Solow Growth Model ; Speed of Convergence ; U.S. County-Level Data ; Income Distribution ; Gini Coefficient ; Equality

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Young, Andrew T. ; Higgins, Matthew J. ; Levy, Daniel
• Event: Veröffentlichung
• (who): Bar-Ilan University, Department of Economics
• (where): Ramat-Gan
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/259355
• Last update: 10.03.2025, 11:42 AM CET