Showing 1 - 10 of 19
We use new US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the size of government at three levels: federal, state and local. Using 3SLS-IV estimation we find that the size of federal, state and local government all either...
Persistent link: https://www.econbiz.de/10005836925
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/10010700264
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/10010615360
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
Persistent link: https://www.econbiz.de/10004999606
We utilize county-level data to explore the roles of different types of human capital accumulation in U.S. growth determination. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. The large number of observations provides enough degrees of freedom to...
Persistent link: https://www.econbiz.de/10005126012
We utilize county-level data to explore growth determination in the U.S. and possible heterogeneity in growth determination across individual states. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. We use a consistent two stage least squares...
Persistent link: https://www.econbiz.de/10005449410
We utilize county-level data to explore the different roles of different types of human capital accumulation in U.S. growth determination. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. The large number of observations provides enough degrees of...
Persistent link: https://www.econbiz.de/10005449412
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...
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 conditioning variables on the counties’ balanced growth paths. Using OLS and 3SLS-IV, the later yielding consistent estimates, we report estimates for the full sample and for metro,...
Persistent link: https://www.econbiz.de/10005412718