Robust Correlates of County-Level Growth in the U.S
نویسندگان
چکیده
Higgins et al. (2006) report several statistically significant partial correlates with U.S. per capita income growth. However, Levine and Renelt (1992) demonstrate that such correlations are hardly ever robust to changing the combination of conditioning variables included. We ask whether the same is true for the variables identified as important by Higgins et al. Using the extreme bounds analysis of Levine and Renelt, we find that the majority of the partial correlations can be accepted as robust. The variables associated with those partial correlations stand solidly as variables of interest for future studies of U.S. growth.
منابع مشابه
Growth and Convergence across the United States: Evidence from County-level Data
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using ordinary least squares (OLS) and three-stage least squares with instrumental variables (3SLS-IV), we report on the full sample and metro, nonmetro, and and regional samples: (1) OLS yields convergence rates around 2%; 3SLS yields 6%–8%; (2) convergence rates vary (for example, the S...
متن کاملThe Effects of China's Growth in Manufacturing Sector in the U.S. Economy
T his paper investigates the gain of bilateral trade between China and U.S. in manufacturing sectors when both countries play a role in asymmetric (biased) growth of international trade. Our model includes a special case of Biased Growth Theory in international trade. We collected labor productivity, export and import data by using classification of manufacturing industries, for U.S...
متن کاملIntroducing the Pattern of Identifying Highly Deprived Areas In Order to Target the System of Jihadist Movements (Case Study: Boushehr Province; Dashty County)
To achieve development in deprived areas, as the ultimate goal of deprivation planning, the first step is to get a real understanding of the status quo and the level of ownership of the areas as a prelude to development. Thus, offering a robust model and model of deprivation, it is important to identify deprivation indicators and related parameters to reduce deprivation. Accordingly, the presen...
متن کاملRegionalization of the Iowa State University Extension System: Lessons Learned by Key Administrators
The cyclical economic downturn in the United States has forced many Extension administrators to rethink and adjust services and programming. The Cooperative Extension System (CES), the organization primarily responsible for governmental Extension work in the United States, at Iowa State University responded to this economic downturn by restructuring its organization from county based to a regio...
متن کاملRobust correlates of county-level growth in the United States
This article may be used for research, teaching and private study purposes. Any substantial or systematic reproduction, redistribution , reselling , loan or sub-licensing, systematic supply or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or implied or make any representation that the contents will be complete or accurate or up to da...
متن کامل