Non-Linear Catching-up and Long-Run Convergence in the Agricultural Productivity of US States

Christos Emmanouilides and Panos Fousekis

Economics Bulletin, 2009, vol. 29, issue 1, 182-189

Abstract: This note investigates convergence of agricultural total factor productivity (TFP) for 48 contiguous states in the US. This is carried out using a recently developed methodology which allows for a clear delineation between catching-up and long-run convergence as well as for the presence of non-linearity in TFP differentials. According to the empirical results, the state TFP dynamics are predominantly long-run converging.

Keywords: Productivity (search for similar items in EconPapers)
JEL-codes: C1 Q1 (search for similar items in EconPapers)
Date: 2009-02-23
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