Convergence in the United States: a tale of migration and urbanization

Riccardo DiCecio and Charles Gascon

No 2008-002, Working Papers from Federal Reserve Bank of St. Louis

Abstract: We use non-parametric distribution dynamics techniques to reassess the convergence of per capita personal income (PCPI) across U.S. states and across metropolitan and nonmetropolitan portions of states for the period 1969-2005. The long-run distribution of PCPI is bimodal for both states and metro/nonmetro portions. Further- more, the high income mode of the distribution across metro and nonmetro portions corresponds to the single mode of the long-run distribution across metro portions only. These results (polarization or club-convergence) are reversed when weighting by population. The long run distributions across people are consistent with convergence. Migration and urbanization are the forces behind convergence.

Keywords: Migration, Internal; Income distribution (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-geo, nep-mig and nep-ure
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Citations: View citations in EconPapers (9)

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