A Reexamination of Output Convergence in the U.S. States: Toward Which Level(s) are they Converging?

Chi-Young Choi ()

Journal of Regional Science, 2004, vol. 44, issue 4, pages 713-741

Abstract: This paper reexamines the issue of output convergence among the 48 states in the continental United States. Implementing multiple panel data techniques to state per capita output during the period 1929-2001 reveals little evidence of stochastic convergence in all 48 states, but some evidence among collections of states at the regional level. This observation may suggest that output convergence in the United States has proceeded among geographically neighboring states rather than among distant states, notwithstanding the nearly complete integration of product and factor markets. Our findings appear to be robust to a subsample analysis, although the intensity of convergence varies with the choice of output measure and deflator. Industrial structures and geographic proximity are considered as potential explanations for the regional pattern of output growth dynamics. Copyright Blackwell Publishing, Inc. 2004

Date: 2004

Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.0022-4146.2004.00355.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:jregsc:v:44:y:2004:i:4:p:713-741

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-4146

Access Statistics for this article

Journal of Regional Science is edited by Marlon G. Boarnet, Matthew Kahn and Mark D. Partridge

More articles in Journal of Regional Science from Blackwell Publishing
Series data maintained by Christopher F. Baum ().