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Investigating Convergence of the U.S. Regions: A Time-Series Analysis


  • Kane, Richard


Most economists conclude that the U.S. regions have converged in per capita earnings during a majority of the 20th century, though controversy abounds over the methods employed to test for such convergence. Using time-series techniques, this paper finds evi - dence that the U.S. regions have conditionally converged in per capita earnings. The findings in this paper differ from cross-sectional studies, which implicitly assume that all regions converge toward the same steady-state and at the same rate. The findings in this paper differ from other time-series studies with its use of recursive parameter estimates.1

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  • Kane, Richard, 2001. "Investigating Convergence of the U.S. Regions: A Time-Series Analysis," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 31(1).
  • Handle: RePEc:ags:jrapmc:132184

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    References listed on IDEAS

    1. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
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    Cited by:

    1. Fallahi, Firouz, 2011. "Convergence of Total Health Expenditure as a Share of GDP: Evidence from Selected OECD Countries," MPRA Paper 51324, University Library of Munich, Germany.
    2. Mariusz Prochniak & Bartosz Witkowski, 2016. "On The Use Of Panel Stationarity Tests In Convergence Analysis: Empirical Evidence For The Eu Countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(1), pages 77-96, March.
    3. George Hammond, 2006. "A time series analysis of U.S. metropolitan and non-metropolitan income divergence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 40(1), pages 81-94, March.
    4. Fousekis, Panos, 2007. "Convergence of Relative State-level Per Capita Incomes in the United States Revisited," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2).

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    Financial Economics;


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