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Heterogeneous convergence

  • Young, Andrew T.
  • Higgins, Matthew J.
  • Levy, Daniel

We use US county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9% and the New York estimate is 3.3%. Convergence rates are essentially uncorrelated with income levels.

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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 120 (2013)
Issue (Month): 2 ()
Pages: 238-241

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Handle: RePEc:eee:ecolet:v:120:y:2013:i:2:p:238-241
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