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

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

No 2003-06, Working Papers from Bar-Ilan University, Department of Economics

Abstract: This note outlines (i) why σ-convergence may not accompany β-convergence; (ii) cites evidence of β-convergence in the U.S.; (iii) demonstrates that σ-convergence does not hold across the U.S., or within most U.S. states; and (iv) demonstrates the robustness of this finding to increases in mean income. The distributions of shocks appear important towards accounting for income disparity.

Keywords: σ-convergence; β-convergence; Solow growth model; speed of convergence (search for similar items in EconPapers)
JEL-codes: O11 O18 O40 R11 (search for similar items in EconPapers)
Date: 2003-09
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https://www2.biu.ac.il/soc/ec/wp/6-03/6-03.pdf Working paper (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
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
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