The Evolution of Income Disparities across US Metropolitan Statistical Areas

29 Pages Posted: 2 Nov 2016

See all articles by Licia Ferranna

Licia Ferranna

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Margherita Gerolimetto

Ca Foscari University of Venice

Stefano Magrini

Ca Foscari University of Venice - Dipartimento di Economia

Date Written: October 11, 2016

Abstract

The paper investigates how the spatial evolution of core-based city regions affects the dynamics of income disparities across Metropolitan Statistical Areas in the United States between 1971 and 2010. Treating initially non-metropolitan counties as part of the functional economic system for the whole time period changes the internal composition of average per capita personal income thus biasing convergence analysis. The paper analyses the dynamics of the cross-sectional distribution of per capita personal income by comparing different methods to define MSAs over time. The results show that a cluster of high income economies emerges when MSAs are allowed to evolve spatially.

Keywords: Convergence, Metropolitan Statistical Areas, Distribution Dynamics, Decentralization

JEL Classification: R12, R23, C14

Suggested Citation

Ferranna, Licia and Gerolimetto, Margherita and Magrini, Stefano, The Evolution of Income Disparities across US Metropolitan Statistical Areas (October 11, 2016). University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 25/WP/2016, Available at SSRN: https://ssrn.com/abstract=2862531

Licia Ferranna (Contact Author)

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Margherita Gerolimetto

Ca Foscari University of Venice ( email )

Dorsoduro 3246
Venice, Veneto 30123
Italy

Stefano Magrini

Ca Foscari University of Venice - Dipartimento di Economia ( email )

Cannaregio 873
Venice, 30121
Italy

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