Heterogeneous Convergence

Andrew T. Young, Matthew J. Higgins, Daniel Levy

Research output: Contribution to journalArticlepeer-review

12 Scopus citations

Abstract

We use US county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9% and the New York estimate is 3.3%. Convergence rates are essentially uncorrelated with income levels.

Original languageEnglish
Pages (from-to)238-241
Number of pages4
JournalEconomics Letters
Volume120
Issue number2
DOIs
StatePublished - Aug 2013

Keywords

  • Conditional convergence
  • Economic growth
  • Heterogeneity
  • US county level data

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