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Heterogeneous Convergence

  • Andrew Young
  • Matthew Higgins
  • Daniel Levy

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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Paper provided by Department of Economics, Emory University (Atlanta) in its series Emory Economics with number 1302.

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Date of creation: Apr 2013
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Handle: RePEc:emo:wp2003:1302
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