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convergence rate across the U.S. is about 7 percent per year – higher than the 2 percent normally found with OLS in cross …-country, U.S. state, and European region samples. Estimated convergence rates for 32 individual states are above 2 percent with … an average of 8.1 percent. For 29 states the convergence rate is above 2 percent with 95 percent confidence. For seven …
Persistent link: https://www.econbiz.de/10005118829
The study of regional income convergence continues to attract enormous attention. Recent emphasis has been placed on … a comprehensive overview of empirical studies of regional convergence and divergence, summarizing the existing body of …
Persistent link: https://www.econbiz.de/10005118991
same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008515823
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 …
Persistent link: https://www.econbiz.de/10005412590
We use county data with 3,058 observations to study growth and convergence in the US. We assess the effect of 40 … convergence rates around 2 percent, but 3SLS yields 6–8 percent; (2) convergence rates vary across the U.S. E.g., Southern …
Persistent link: https://www.econbiz.de/10005412718
participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …
Persistent link: https://www.econbiz.de/10005076554
. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …
Persistent link: https://www.econbiz.de/10005407627
. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …
Persistent link: https://www.econbiz.de/10005556070
This study aims to analyze the management of the Specific Allocation Fund (DAK). The three largest DAK-recipient sectors are the focus of the study : education, health, and roads infrastructure. The study sample areas are four districts. This paper was compiled based on the results of in-depth...
Persistent link: https://www.econbiz.de/10009363884
the issues of sustainability, long-run and short-run growth as well as convergence, associated with the competitive …
Persistent link: https://www.econbiz.de/10004985106