Examining Income Convergence in Southern United States

Buddhi Raj Gyawali, Banerjee, Swagata (Ban) and James O. Bukenya

No 61857, 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado from Agricultural and Applied Economics Association

Abstract: County-level data for 11 southern states were used to examine income convergence between 1980 and 2000. Ordinary least squares regression of logarithmic difference on average per capita income in 1980 and 2000 indicated conditional income convergence over the 20-year period. The estimated rate of income convergence was 3.82% per year. This convergence varied across the region based on the initial and changed conditions of population density, African-American population, employment, education, age structure, and travel time to work.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 9
Date: 2010-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea10:61857

DOI: 10.22004/ag.econ.61857

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