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Non-Linear Catching-up and Long-Run Convergence in the Agricultural Productivity of US States

Author

Listed:
  • Christos Emmanouilides

    () (Aristotle University)

  • Panos Fousekis

    () (Professor, Aristotle University, Dept. Economics)

Abstract

This 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.

Suggested Citation

  • 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.
  • Handle: RePEc:ebl:ecbull:eb-08q10010
    as

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    References listed on IDEAS

    as
    1. Bernard, Andrew B. & Durlauf, Steven N., 1996. "Interpreting tests of the convergence hypothesis," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 161-173.
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    7. Fousekis, Panos, 2006. "Convergence Clubs of State-Level Agricultural Productivity in the U.S.A," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 59(4), pages 481-501.
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    More about this item

    Keywords

    Productivity;

    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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