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Convergence Clubs of State-Level Agricultural Productivity in the U.S.A

Author

Listed:
  • Fousekis, Panos

    () (Department of International European Economic and Political Studies, University of Macedonia)

Abstract

The 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.

Suggested Citation

  • 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.
  • Handle: RePEc:ris:ecoint:0072
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    Cited by:

    1. 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.

    More about this item

    Keywords

    Convergence; Productivity; USA;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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