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

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

EconStor Open Access Articles and Book Chapters, 2008, 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.

Keywords: sigma-convergence; beta-convergence; Solow growth model; speed of convergence; balanced growth; U.S. county-level data; income distribution; Gini coefficient; income equality (search for similar items in EconPapers)
JEL-codes: O11 O18 O40 R11 (search for similar items in EconPapers)
Date: 2008
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https://www.econstor.eu/bitstream/10419/206824/1/J ... oming%20-%202008.pdf (application/pdf)

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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