Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data

Andrew Young (), Matthew Higgins and Daniel Levy ()

Journal of Money, Credit and Banking, 2008, vol. 40, issue 5, 1083-1093

Abstract: In this paper, we outline (i) why σ-convergence may not accompany β-convergence, (ii) discuss evidence of β-convergence in the United States, and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that σ-convergence cannot be detected at the county level across the United States, or within the large majority of the individual U.S. states considered separately. Indeed, in many cases statistically significant σ-"divergence" is found. Copyright (c) 2008 The Ohio State University.

Date: 2008
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Related works:
Journal Article: Sigma Convergence versus Beta Convergence: Evidence from U.S. County‐Level Data (2008)
Journal Article: Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data (2008)
Working Paper: Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data (2008)
Working Paper: Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data (2007)
Working Paper: Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data (2005)
Working Paper: Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data (2003)
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