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

Andrew T. 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.

Date: 2008
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https://doi.org/10.1111/j.1538-4616.2008.00148.x

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) Downloads
Working Paper: Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data (2008) Downloads
Working Paper: Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data (2007) Downloads
Working Paper: Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data (2005) Downloads
Working Paper: Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data (2003) Downloads
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Journal of Money, Credit and Banking is currently edited by Robert deYoung, Paul Evans, Pok-Sang Lam and Kenneth D. West

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