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A Reexamination of Output Convergence in the U.S. States: Toward Which Level(s) are they Converging?

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  • Chi-Young Choi

Abstract

This paper reexamines the issue of output convergence among the 48 states in the continental United States. Implementing multiple panel data techniques to state per capita output during the period 1929-2001 reveals little evidence of stochastic convergence in all 48 states, but some evidence among collections of states at the regional level. This observation may suggest that output convergence in the United States has proceeded among geographically neighboring states rather than among distant states, notwithstanding the nearly complete integration of product and factor markets. Our findings appear to be robust to a subsample analysis, although the intensity of convergence varies with the choice of output measure and deflator. Industrial structures and geographic proximity are considered as potential explanations for the regional pattern of output growth dynamics. Copyright Blackwell Publishing, Inc. 2004

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Journal of Regional Science.

Volume (Year): 44 (2004)
Issue (Month): 4 ()
Pages: 713-741

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Handle: RePEc:bla:jregsc:v:44:y:2004:i:4:p:713-741

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Cited by:
  1. Julie Le Gallo & Sandy Dall’erba, 2005. "Spatial And Sectoral Productivity Convergence Between European Regions, 1975-2000," ERSA conference papers ersa05p191, European Regional Science Association.
  2. Mark J. Holmes & Jesús Otero & Theodore Panagiotidis, 2013. "A Note on the Extent of US Regional Income Convergence," Working Paper Series 10_13, The Rimini Centre for Economic Analysis.
  3. García Callejas, Danny, 2011. "Per Capita GDP Convergence in South America, 1960-2007," BORRADORES DEPARTAMENTO DE ECONOMÍA 008983, UNIVERSIDAD DE ANTIOQUIA - CIE.

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