Club convergence of per capita disposable income in the United States

被引：2

作者：

Alexiadis, Stilianos ^{[1
]}

Eleftheriou, Konstantinos ^{[2
]}

Nijkamp, Peter ^{[3
,4
]}

机构：

[1] Hellen Minist Rural Dev & Food, Dept Strateg Planning Rural Dev Evaluat & Documen, Div Documentat & Agr Stat, Room 519,2 Acharnon St, Athens 10432, Greece

[2] Univ Piraeus, Dept Econ, 80 Karaoli & Dimitriou St, Piraeus 18534, Greece

[3] Alexandru Ioan Cuza Univ, Bulevardul Carol 22, Iasi 700505, Romania

[4] Open Univ, Valkenburgerweg 177, NL-6419 AT Heerlen, Netherlands

来源：

REGIONAL SCIENCE POLICY AND PRACTICE | 2021年 / 13卷 / 05期

关键词：

club convergence; disposable income; Phillips and Sul; taxes; US states; TAX COMPETITION; INEQUALITY; GROWTH; AGGLOMERATION;

D O I：

10.1111/rsp3.12443

中图分类号：

P9 [自然地理学]; K9 [地理];

学科分类号：

0705 ; 070501 ;

摘要：

This paper examines the long-run trends in per-capita income across the US states (1995-2018). Contrary to the majority of the literature on income convergence, which uses pre-tax income as the variable of reference, we focus on per-capita disposable household income. This enables us to better identify any convergence pattern. We apply the Phillips and Sul (2007, 2009) convergence methodology to check the existence of club convergence across the United States and within the Bureau of Economic Analysis (BEA) regions. Our findings confirm the club convergence hypothesis and highlight the role of tax policy in reducing regional disparities.

引用

页码：1565 / 1580

页数：16

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