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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
Convergence tests implicitly test the unit root hypothesis for per capita income. Although the statistics do not have …
Persistent link: https://www.econbiz.de/10005515140
regional output in India in the era of liberalization. We have first described a framework that enables us to decompose the …
Persistent link: https://www.econbiz.de/10011213078
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
In this paper we investigate the process of convergence/divergence across Indian states. After surveying the main … of economic growth in the neoclassical frame of the Solow model. One of the main novel aspects of our convergence …
Persistent link: https://www.econbiz.de/10008629758
construction endeavours in independent India. We employ a quasi-experimental mixed-methods design to explore the impact of the …
Persistent link: https://www.econbiz.de/10012822344
construction endeavours in independent India. We employ a quasi-experimental mixed-methods design to explore the impact of the …
Persistent link: https://www.econbiz.de/10012813725
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 …
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