Unit root tests of sigma income convergence across us metropolitan areas

Matthew P. Drennan, José Lobo and Deborah Strumsky

Journal of Economic Geography, 2004, vol. 4, issue 5, 583-595

Abstract: The standard deviation of metropolitan per capita personal income (PCPI) and metropolitan average wage per job (AWPJ) provide straightforward indicators of unconditional sigma convergence for metropolitan economies within the United States. Using data for all metropolitan areas in the continental United States for the period 1969--2001, we tested for the unconditional sigma income convergence hypothesis by applying two unit root tests to the time series of the two standard deviations. Our results indicate that the time series can be described as random walks with drift, thereby supporting the claim that income divergence among metropolitan economies is not decreasing. Copyright 2004, Oxford University Press.

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://hdl.handle.net/10.1093/jnlecg/lbh035 (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: https://EconPapers.repec.org/RePEc:oup:jecgeo:v:4:y:2004:i:5:p:583-595

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Journal of Economic Geography is currently edited by Jorge De la Roca, Stephen Gibbons, Simona Iammarino, Amanda Ross and James Faulconbridge

More articles in Journal of Economic Geography from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().