Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87287
Authors: 
Alexiadis, Stilianos
Eleftheriou, Konstantinos
Nijkamp, Peter
Year of Publication: 
2013
Series/Report no.: 
Tinbergen Institute Discussion Paper 13-165/VIII
Abstract: 
This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical application is supplemented with Factor Analysis to identify groups of States with a common behaviour in terms of per-capita income.
Subjects: 
Intraregional income disparities
Vector Error Correction Model
Factor Analysis
JEL: 
C22
R10
Document Type: 
Working Paper

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