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Heterogeneous Convergence

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

    ()

    (Bar-Ilan University)

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

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File URL: http://econ.biu.ac.il/files/economics/working-papers/2013-04.pdf
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Paper provided by Bar-Ilan University, Department of Economics in its series Working Papers with number 2013-04.

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Length: 8 pages
Date of creation: Apr 2013
Handle: RePEc:biu:wpaper:2013-04
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