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Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data

Author

Listed:
  • Andrew Young

    (Emory University)

  • Matthew Higgins

    (Emory University)

  • Daniel Levy

    (Bar-Ilan University)

Abstract

In this paper we outline (i) why ó-convergence may not accompany â- convergence, (ii)cite evidence of â-convergence in the U.S., (iii) and use USA county-level data containing over 3,000 cross-sectional observations to demonstrate that ó-convergence does not hold across the U.S., or within the vast majority of the individual U.S. states.

Suggested Citation

  • Andrew Young & Matthew Higgins & Daniel Levy, 2005. "Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data," Macroeconomics 0505008, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0505008
    Note: Type of Document - pdf; pages: 14
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    References listed on IDEAS

    as
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    4. Young, Andrew T. & Higgins, Matthew J. & Levy, Daniel, 2013. "Heterogeneous Convergence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 120(2), pages 238-241.
    5. Matthew Higgins & Daniel Levy & Andrew T. Young, 2003. "Growth and Convergence across the US: Evidence from County-Level Data," Working Papers 2003-03, Bar-Ilan University, Department of Economics.
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    10. Alain Desdoigts, 1999. "Patterns of economic development and the formation of clubs," Post-Print hal-02878020, HAL.
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    More about this item

    Keywords

    Economic Growth; Convergence; ó-convergence; sigma convergence; â-convergence; beta convergence; US County Level Data;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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