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http://ssrn.com/abstract=984418
 
 

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Robust Correlates of County-Level Growth in the U.S.


Matthew John Higgins


Georgia Institute of Technology - Scheller College of Business; National Bureau of Economic Research (NBER)

Andrew T. Young


West Virginia University - College of Business and Economics

Daniel Levy


Bar-Ilan University - Department of Economics; Emory University - Department of Economics; Rimini Center for Economic Analysis


Emory Law and Economics Research Paper No. 07-16

Abstract:     
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.

Number of Pages in PDF File: 10

Keywords: Economic Growth, Conditional Convergence, Extreme Bounds Analysis, County-Level Data

JEL Classification: O40, O11, O18, O51, R11, H50, H70

working papers series


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Date posted: May 4, 2007  

Suggested Citation

Higgins, Matthew John and Young, Andrew T. and Levy, Daniel, Robust Correlates of County-Level Growth in the U.S.. Emory Law and Economics Research Paper No. 07-16. Available at SSRN: http://ssrn.com/abstract=984418 or http://dx.doi.org/10.2139/ssrn.984418

Contact Information

Matthew John Higgins
Georgia Institute of Technology - Scheller College of Business ( email )
800 West Peachtree Street
Atlanta, GA 30308
United States
404-894-4368 (Phone)
404-894-6030 (Fax)
National Bureau of Economic Research (NBER) ( email )
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Andrew T. Young (Contact Author)
West Virginia University - College of Business and Economics ( email )
P.O. Box 6025
Morgantown, WV 26506
United States
3042934526 (Phone)
Daniel Levy
Bar-Ilan University - Department of Economics ( email )
Ramat-Gan, 5290002
Israel
+972 3 531-8345 (Phone)
+972 3 738-4034 (Fax)
HOME PAGE: http://econ.biu.ac.il/en/levy

Emory University - Department of Economics ( email )
1602 Fishburne Drive, Suite 306
Rich Building
Atlanta, GA 30322-0001
United States
HOME PAGE: http://economics.emory.edu/home/people/faculty/Levydaniel.html
Rimini Center for Economic Analysis ( email )
Via Patara, 3
Rimini (RN), RN 47900
Italy
HOME PAGE: http://www.rcfea.org/
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References:  12
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