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Convergence Among the U.S. States: Absolute, Conditional, or Club?

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Abstract

This paper attempts to ascertain which of the convergence hypotheses – absolute, conditional, or club – best describes the economic development of the U.S. states since 1950. We use regression tree analysis to identify convergence clubs among the states and argue that the club characterization of the data dominates the other two. We find three convergence clubs with a state's age and it's initial densities of post offices and telephone cable determining club membership. Abstracting from catch-up effects, those states with higher densities tend to grow faster.

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  • Johnson, Paul & Takeyama, Lisa N., 2001. "Convergence Among the U.S. States: Absolute, Conditional, or Club?," Vassar College Department of Economics Working Paper Series 50, Vassar College Department of Economics, revised Oct 2003.
  • Handle: RePEc:vas:papers:50
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    Cited by:

    1. Guilherme Mendes Resende & Lízia de Figueiredo, 2008. "Economic Growth Of Minas Gerais: A Quantile Regression Approach Between 1980 And 2000," Anais do XIII Semin·rio sobre a Economia Mineira [Proceedings of the 13th Seminar on the Economy of Minas Gerais], in: Anais do XIII Seminário sobre a Economia Mineira [Proceedings of the 13th Seminar on the Economy of Minas Gerais], Cedeplar, Universidade Federal de Minas Gerais.
    2. Daniela Bunea, 2012. "Is Internal Migration Relevant to Regional Convergence? Comparative Analysis Across Five European Countries," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 6(2), pages 53-72, DECEMBER.
    3. FE, Doukouré Charles, 2010. "Réduction de Droits de Douane et Convergence Réelle dans l'UEMOA [Tariffs Reduction and Real Convergence in WAEMU]," MPRA Paper 26763, University Library of Munich, Germany.
    4. José María Mella Márquez & Coro Chasco Yrigoyen, 2004. "Urban growth and territorial dynamics in Spain (1985-2001): A spatial econometrics analysis," Urban/Regional 0411003, University Library of Munich, Germany.

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