A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Regional Convergence and Aggregate Business Cycle in the United States
Magrini S., Gerolimetto M. and Engin Duran H. Regional convergence and aggregate business cycle in the United States, Regional Studies. The existing literature on convergence largely ignores the effect of aggregate fluctuations on the evolution of income disparities. However, if regional disparities follow a distinct cyclical pattern in the short run, the period of analysis should be chosen with great care to avoid distortions in the results. By analysing convergence among forty-eight conterminous US states through the distribution dynamics approach, it is shown that these distortions could be quite sizeable. Moreover, when convergence is analysed over an appropriate period that includes only complete cycles (1989-2007), results show that regional disparities exhibit a pro-cyclical behaviour and that the underlying long-run tendency is towards divergence.
Regional Convergence and Aggregate Business Cycle in the United States
Magrini S., Gerolimetto M. and Engin Duran H. Regional convergence and aggregate business cycle in the United States, Regional Studies. The existing literature on convergence largely ignores the effect of aggregate fluctuations on the evolution of income disparities. However, if regional disparities follow a distinct cyclical pattern in the short run, the period of analysis should be chosen with great care to avoid distortions in the results. By analysing convergence among forty-eight conterminous US states through the distribution dynamics approach, it is shown that these distortions could be quite sizeable. Moreover, when convergence is analysed over an appropriate period that includes only complete cycles (1989-2007), results show that regional disparities exhibit a pro-cyclical behaviour and that the underlying long-run tendency is towards divergence.
Regional Convergence and Aggregate Business Cycle in the United States
Magrini, Stefano (author) / Gerolimetto, Margherita / Engin Duran, Hasan
Regional studies ; 49
2015
Article (Journal)
English
Regional Convergence and Aggregate Business Cycle in the United States
| Taylor & Francis Verlag | 2015
Regional Growth and Convergence: Evidence from the United States
| Online Contents | 2000
Regional Growth and Convergence: Evidence from the United States
| Taylor & Francis Verlag | 2000
The Unemployment Rate and the Business Cycle in Britain: An Aggregate and Regional Analysis
| Taylor & Francis Verlag | 1994
The Unemployment Rate and the Business Cycle in Britain: An Aggregate and Regional Analysis
| Online Contents | 1994