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Are U.S. regions converging? Using new econometric methods to examine old issues

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Author Info
Timothy J. Vogelsang (Cornell University, Ithaca, NY 14853)
Marc Tomljanovich () (Department of Economics, Colgate University, Hamilton, NY 13346. E-mail: mtomljanovich@colgate.edu.)

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Abstract

Are different regions of the United States experiencing convergence in levels of GDP? Carlino and Mills (1993) examined this question through time-series techniques, and found some evidence in favor of regional convergence. This paper checks the robustness of their results by using new econometric methods proposed by Vogelsang (1998). Our results, together with results from Loewy and Papell (1996), suggest there is stronger evidence in favor of convergence than previously thought based on the results of Carlino and Mills (1993).

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Publisher Info
Article provided by Springer in its journal Empirical Economics.

Volume (Year): 27 (2002)
Issue (Month): 1 ()
Pages: 49-62
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Handle: RePEc:spr:empeco:v:27:y:2002:i:1:p:49-62

Note: received: September 2000/Final version received: December 2000
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Related research
Keywords: Regional per-capita income · time series models · beta convergence · trend functions · serial correlation.;

Find related papers by JEL classification:
C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions
E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
R00 - Urban, Rural, and Regional Economics - - General - - - General

Cited by:
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  1. Gomes, F. A. R. & Silva, C. G., 2007. "Hysteresis vs. NAIRU and Convergence vs. Divergence: The behavior of regional unemployment rates in Brazil," Ibmec Working Papers wpe_71, Ibmec Working Paper, Ibmec São Paulo. [Downloadable!]
  2. Fábio Augusto Reis Gomes & Cleomar Gomes da Silva, 2006. "Hysteresis Vs. Nairu And Convergence Vs. Divergence: The Behavior Of Regional Unemployment Rates In Brazil," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 161, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
  3. Josep Lluís Carrion-i-Silvestre & Vicente German-Soto, 2008. "Panel Data Stochastic Convergence Analysis of the Mexican Regions," IREA Working Papers 200805, University of Barcelona, Research Institute of Applied Economics, revised Apr 2008. [Downloadable!]
  4. Martin B. Schmidt & David J. Berri, 2004. "Convergence and clustering in major league baseball: the haves and have nots?," Applied Economics, Taylor and Francis Journals, vol. 36(18), pages 2007-2014, October. [Downloadable!] (restricted)
  5. T.J. Vogelsang & P.H. Franses, 2001. "Testing for common deterministic trend slopes," Econometric Institute Report 224, Erasmus University Rotterdam, Econometric Institute. [Downloadable!]
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