Are regional incomes in the USA converging? A non-linear perspective

Regional Studies

Volumn 41, Issue 4, 2007, Pages 525-530

  Christopoulos, Dimitris K ^a   Tsionas, Efthymios G ^b  

^a PANTEION UNIVERSITY   (Greece)

^b ATHENS UNIVERSITY OF ECONOMICS AND BUSINESS   (Greece)

Author keywords

Convergence; E STAR models; Non linearities

Indexed keywords

CONVERGENCE; INCOME DISTRIBUTION; NONLINEARITY; NUMERICAL MODEL;

NORTH AMERICA; UNITED STATES;

EID: 34347212130     PISSN: 00343404     EISSN: 13600591     Source Type: Journal    
DOI: 10.1080/00343400601120254     Document Type: Article

References (29)

1. Barro, J. R. (1991) Economic growth in a cross-section of countries. Quarterly Journal of Economics, 106, pp. 407-443.
2. Barro, J. R. and Sala-i-Martin, X. (1991) Convergence across states and regions. Brooking Papers in Economic Activity, 1, pp. 107-182.
3. Barro, J. R. and Sala-i-Martin, X. (1992) Economic Growth, McGraw-Hill, New York
4. Bernard, A. and Durlauf, N. S. (1995) Convergence in international output. Journal of Applied Econometrics, 10, pp. 97-108.
5. Bernard, A. and Durlauf, S. N. (1996) Interpreting tests of the convergence hypothesis. Journal of Applied Econometrics, 71, pp. 161-174.
6. Carlino, G. and Mills, L. (1993) Are US regional economies converging? A time series analysis. Journal of Monetary Economics, 32, pp. 335-346.
7. Choi, C. Y. (2004) A reexamination of output convergence in the U.S. states: Towards which level(s) are they converging. Journal of Regional Science, 44, pp. 713-741.
8. Davies, R. B. (1987) Hypothesis testing when a nuisance parameter is present under the alternative. Biometrika, 64, pp. 247-254.
9. De La Croix, D. (2001) Growth dynamics and education spending: The role of inherited tastes and abilities. European Economic Review, 45, pp. 1415-1438.
10. Dejong, D. N., Nankerris, J. C., Savin, N. C. and Whiteman, C. H. (1992) The power problems of unit root tests for time series with autoregressive errors. Journal of Econometrics, 53, pp. 323-344.
11. Enders, W. and Granger, C. W. J. (1998) Unit root tests and asymmetric adjustment with an example using the term structure of interest rates. Journal of Business of Economic and Statistics, 16, pp. 304-312.
12. Evans, P. (1998) Panel data to evaluate growth theories. International Economic Review, 39, pp. 295-306.
13. Fiaschi, D. and Lavezzi, A. M. (2003) Distribution dynamics and non-linear growth. Journal of Economic Growth, 8, pp. 379-401.
14. Galor, O. and Weil, D. N. (1996) The gender gap, fertility, and growth. American Economic Review, 86, pp. 347-387.
15. Hassler, J. and Rodriguez, M. J. V. (2000) Intelligence, social mobility and growth. American Economic Review, 90, pp. 888-908.
16. Johnson, P. A. and Takeyama, L. N. (2000) Absolute, conditional or club convergence in the U.S. states?. Mimeo. Department of Economics, Vassar College
17. Johnson, P. A. and Takeyama, L. N. (2001) Initial conditions and economic growth in the US states, European Economic Review. 45, pp. 919-927.
18. Kapetanios, G., Shin, Y. and Snell, A. (2003) Testing for a unit root in the non-linear STAR framework. Journal of Econometrics, 112, pp. 359-379.
19. Kilic, R. and De Jong, R. (2005) Testing a linear unit root against a stationary ESTAR process. School of Economics, Georgia Institute of Technology
20. Kwiatkowski, D., Phillips, B. C. P., Schmidt, P. and Shin, Y. (1992) Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root?. Journal of Econometrics, 54, pp. 159-178.
21. Li, Q. and Papell, D. (1999) Convergence of international output: Time series evidence for 16 OECD countries. International Review of Economics and Finance, 8, pp. 267-280.
22. Maddala, G. S. and Kim, I. M. (1998) Unit Roots, Cointegration and Structural Changes, Cambridge, Cambridge University Press
23. Pantula, S. G., Gonzalez-Farias, G. and Fuller, W. A. (1994) A comparison of unit root test criteria. Journal of Business of Economics and Statistics, 12, pp. 449-459.
24. Rey, S. J. and Montouri, B. D. (1999) U.S. regional income convergence: A spatial econometric perspective. Regional Studies, 33, pp. 143-156.
25. Schwert, G. W. (1989) Tests for unit roots: A Monte Carlo investigation. Journal of Business and Economic and Statistics, 7, pp. 147-159.
26. Teräsvirta, T. (1994) Specification, estimation and evaluation of smooth transition autoregressive models. Journal of the American Statistical Association, 89, pp. 208-218.
27. Teräsvirta, T. (1998) Modeling economic relationship with smooth transition regressions. Handbook of Applied Economic Statistics, pp. 507-552. Marcel Dekker, New York
28. Tsionas, E. G. (2001) Regional convergence and common stochastic long-term trends: A re-examination of the U.S. regional data. Regional Studies, 35, pp. 689-696.
29. Urban, D. M., Straubhaar, T. and Suhrcke, M. (2001) Divergence-is it Geography?, Centro Studi Luca d'Agliano.