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

B-Tier
Journal: Journal of Money, Credit, and Banking
Year: 2008
Volume: 40
Issue: 5
Pages: 1083-1093

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:wly:jmoncb:v:40:y:2008:i:5:p:1083-1093
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25