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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.
Persistent link: https://www.econbiz.de/10010335973
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10010336011
We use U.S. county-level data consisting of 3,058 observations, to study growth determination and measure the speed of income convergence. County-level data are particularly valuable for studying convergence because they allow us to study a sample with substantial homogeneity and exceptional...
Persistent link: https://www.econbiz.de/10013204733
decentralization is negatively correlated with economic growth. Educational attainment of a population has a non-linear relationship …
Persistent link: https://www.econbiz.de/10013204740
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates around 2 percent; 3SLS yields 6–8 percent; (2)...
Persistent link: https://www.econbiz.de/10013204752
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with … services such as water, sanitation, education and health care, and the impacts of decentralization on service quality and the …
Persistent link: https://www.econbiz.de/10010322717
This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard …, despite decentralizing reforms. The implications of differences in decentralization for fiscal outcomes and economic growth … decentralization. …
Persistent link: https://www.econbiz.de/10010322728
This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard … decentralizing reforms. The implications of ferences in decentralization for fiscal outcomes and economic growth are discussed. The …, is discussed, in attempting to abstract from the two cases to more general lessons for fiscal decentralization. …
Persistent link: https://www.econbiz.de/10010285340
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with … services such as water, sanitation, education and health care, and the impacts of decentralization on service quality and the …
Persistent link: https://www.econbiz.de/10010285343
This note outlines (i) why σ-convergence may not accompany β-convergence; (ii) cites evidence of β-convergence in the U.S.; (iii) demonstrates that σ-convergence does not hold across the U.S., or within most U.S. states; and (iv) demonstrates the robustness of this finding to increases in mean...
Persistent link: https://www.econbiz.de/10013204736