Do income disparities dissipate across the US states? : experimenting with a Vector Error Correction Model

Stilianos Alexiadis; Konstantinos Eleftheriou; Peter Nijkamp

This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical application is supplemented with Factor Analysis to identify groups of States with a common behaviour in terms of per-capita income.

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Year of publication:	2013
Authors:	Alexiadis, Stilianos ; Eleftheriou, Konstantinos ; Nijkamp, Peter
Publisher:	Rotterdam
Subject:	Intraregional income disparities \| Vector Error Correction Model \| factor analysis \| Kointegration \| Cointegration \| Einkommensverteilung \| Income distribution \| Räumliche Verteilung \| Spatial distribution \| Faktorenanalyse \| Factor analysis

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Extent:	Online-Ressource (14 S.) graph. Darst., Kt.
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. 2013,165
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/87287 [Handle]
Classification:	C22 - Time-Series Models ; R10 - General Regional Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010224805