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Income Convergence in the South: Myth or Reality?

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  • Gyawali, Buddhi Raj
  • Banerjee, Swagata (Ban)
  • Hill, Anquinette
  • Bukenya, James O.

Abstract

County-level data for 11 southern states for 1980 and 2000 are used to examine income convergence. Ordinary least squares regression of logarithmic difference on average per capita income in 1980 demonstrated conditional income convergence with higher income changes in counties with smaller initial populations, smaller changes in African Americans, employment, education, age structure, travel time to work, or dependent age populations. The estimated rate of income convergence was 3.82% per year.

Suggested Citation

  • Gyawali, Buddhi Raj & Banerjee, Swagata (Ban) & Hill, Anquinette & Bukenya, James O., 2011. "Income Convergence in the South: Myth or Reality?," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98870, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea11:98870
    DOI: 10.22004/ag.econ.98870
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    References listed on IDEAS

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    1. Sala-i-Martin, Xavier X., 1996. "Regional cohesion: Evidence and theories of regional growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1325-1352, June.
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