Non-Linear Catching-up and Long-Run Convergence in the Agricultural Productivity of US States
AbstractThis note investigates convergence of agricultural total factor productivity (TFP) for 48 contiguous states in the US. This is carried out using a recently developed methodology which allows for a clear delineation between catching-up and long-run convergence as well as for the presence of non-linearity in TFP differentials. According to the empirical results, the state TFP dynamics are predominantly long-run converging.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 29 (2009)
Issue (Month): 1 ()
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Find related papers by JEL classification:
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
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