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Have Per Capita Earnings and Income Converged across New England?

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  • MELANIE RAPINO
  • BENJAMIN SPAULDING
  • DEAN M. HANINK
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    Abstract

    This article describes an analysis of recent change in both per capita earnings from employment and per capita income (including that from transfers and nonearnings sources) across New England's counties between 1970 and 2000. Breaking the period into three decade-long spans (1970-1980, 1980-1990, and 1990-2000), statistical evidence is strong that the region experienced "absolute divergence" in both earnings and income. However, further statistical analysis that incorporates cost of living, human capital, and other control factors indicates that "conditional convergence" at the county scale in New England was ongoing rapidly between 1970 and 1990 and appears to have been achieved by 2000. Copyright 2006 Blackwell Publishing.

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    Bibliographic Info

    Article provided by Gatton College of Business and Economics, University of Kentucky in its journal Growth and Change.

    Volume (Year): 37 (2006)
    Issue (Month): 4 ()
    Pages: 620-637

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    Handle: RePEc:bla:growch:v:37:y:2006:i:4:p:620-637

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0017-4815

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