Convergence Clubs of State-Level Agricultural Productivity in the U.S.A
AbstractThe objective of the present study is to investigate empirically the existence of convergence clubs in state-level agricultural productivity of the USA. This is pursued using Total Factor Productivity (TFP) data from 48 contiguous states over the period 1960-99 and time series methods which endogenously allocate states to clubs on the basis of the long-run behavior of the respective productivity levels. According to the results, there are multiple equilibria each of them attracting a rather small number states, while a large portion of states form single-member clubs.
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Bibliographic InfoArticle provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.
Volume (Year): 59 (2006)
Issue (Month): 4 ()
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Convergence; Productivity; USA;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
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- Christos Emmanouilides & Panos Fousekis, 2009. "Non-Linear Catching-up and Long-Run Convergence in the Agricultural Productivity of US States," Economics Bulletin, AccessEcon, vol. 29(1), pages 182-189.
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