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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;
    All these keywords.

    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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