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Revisiting Convergence: A case study form American States

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  • Ray, Rita

Abstract

This paper investigates the convergence of wage and salary disbursements per job and compensation of employees per job for fifty one states in the United States for the period 1990 and 2010. Additionally, this paper examines the relationship between the wage and salary disbursements per job and compensation of employees per job at 1990 and their respective annual growth rates between 1990 and 2010 for four regions in the United States. This paper finds that the American States are diverging with respect to wage and salary disbursements per job and compensation per job for the last twenty years. This paper also finds that the wage and salary disbursements per job and compensation of employees per job are converging in the ‘Mid-West’ and in the ‘West’, whereas they are diverging in the ‘North-East’ and in the ‘South’.

Suggested Citation

  • Ray, Rita, 2013. "Revisiting Convergence: A case study form American States," MPRA Paper 57405, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:57405
    as

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    File URL: https://mpra.ub.uni-muenchen.de/57405/1/MPRA_paper_57405.pdf
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    References listed on IDEAS

    as
    1. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
    2. Paul Cashin & Ratna Sahay, 1996. "Internal Migration, Center-State Grants, and Economic Growth in the States of India," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 123-171, March.
    3. Cashin, Paul, 1995. "Economic Growth and Convergence across the Seven Colonies of Australasia: 1861-1991," The Economic Record, The Economic Society of Australia, vol. 71(213), pages 132-144, June.
    4. George Petrakos & Yiannis Saratsis, 2000. "articles: Regional inequalities in Greece," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(1), pages 57-74.
    5. Persson, Joakim, 1997. "Convergence across the Swedish counties, 1911-1993," European Economic Review, Elsevier, vol. 41(9), pages 1835-1852, December.
    6. Serge Coulombe & Frank C. Lee, 1995. "Convergence across Canadian Provinces, 1961 to 1991," Canadian Journal of Economics, Canadian Economics Association, vol. 28(4a), pages 886-898, November.
    7. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-251, April.
    8. Akhtar Akhtar Hossain, 2000. "Convergence of Per Capita Output Levels Across Regions of Bangladesh, 1982-97," IMF Working Papers 00/121, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Convergence; Growth; Region; United States;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

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