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dc.contributor.authorCo, Catherine Y.en_US
dc.contributor.authorLandon-Lane, John S.en_US
dc.contributor.authorYun, Myeong-Suen_US
dc.description.abstractWe study the dynamics of the cross-section distribution of patents per capita for the 48 continental U.S. states from 1930 to 2000 using a discrete-state Markov chain. We test for and find evidence in favor of the (knowledge) convergence hypothesis as we find that the distribution of patents is converging to a limiting distribution that is significantly more concentrated than its initial distribution. States in the extreme are more mobile and are more likely to move to the middle than states in the middle of the cross-sectional distribution and the rate of convergence to the limiting distribution is “slow.”en_US
dc.publisherDep. of Economics, Rutgers, the State Univ. of New Jersey New Brunswick, NJen_US
dc.relation.ispartofseriesWorking papers // Department of Economics, Rutgers, the State University of New Jersey 2005,11en_US
dc.subject.keywordU.S. Statesen_US
dc.titleInter-state dynamics of invention activities, 1930 - 2000en_US
dc.typeWorking Paperen_US
Appears in Collections:Working Papers, Department of Economics, Rutgers University

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