Time-series Tests of Stochastic Earnings Convergence across US Nonmetropolitan Counties, 1969-2004
AbstractThis paper assesses whether per-capita income, measured as average wages and salaries per job, in U.S. nonmetropolitan counties is converging to the national or U.S. metropolitan average using data over the 1969 to 2004 period. Additional analysis explores whether per-capita income is converging to the national and metropolitan averages using several sub-sets of nonmetropolitan counties based on USDA typologies. The paper uses single equation and panel unit-root tests in the analysis and concludes that nonmetropolitan counties are converging to the national and metropolitan average in general with a few exceptions.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 9 (2009)
Issue (Month): 2 ()
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Find related papers by JEL classification:
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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