Trends in Economic Inequality: Are U.S. states growing apart?
Edmond Berisha (),
John Meszaros () and
Eric Olson ()
Additional contact information
Edmond Berisha: Montclair State University
John Meszaros: United States Post Office
Eric Olson: The University of Tulsa
Economics Bulletin, 2020, vol. 40, issue 2, 1319-1331
Using quarterly real GDP data from 2005 to 2019 for all U. S. states from the Bureau of Economic Analysis, we construct an economic inequality measure which is additively decomposable into within and between-region inequality. We find increases in economic disparity in terms of total real GDP across the states. The results show that states belonging to the South and West regions are growing apart, contributing significantly toward the level of total economic disparity in the country. However, in terms of per-capita real GDP, economic disparity across states is much smaller. The results emphasize the role of population dynamics in mitigating economic disparity across U. S. states.
Keywords: Decomposition; Economic Inequality; Income Growth; Theil Index (search for similar items in EconPapers)
JEL-codes: D6 O4 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-20-00069
Access Statistics for this article
More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().