Okun's convergence within the US
Küçük Resim Yok
Tarih
2009
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Heidelberg
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This paper analyzes Okun's law for the states of the US over the period 1978-2002. By using Geographically Weighted Regression, possible geographical interactions across the analyzed states are taken into account. There is evidence of time-varying Okun's coefficients in each state. Moreover, the empirical results are in favor of a convergence across the states in terms of Okun's coefficients, thus of the phrase, Okun's convergence. Finally, possible stability clubs for Okun's coefficients are also investigated, and it is found that Okun's clusters are also mostly geographical.
Açıklama
Anahtar Kelimeler
Okun's Convergence, Geographically Weighted Regression, Regional Analysis, The Us, Law, Coefficient, Growth
Kaynak
Letters in Spatial and Resource Sciences
WoS Q Değeri
N/A
Scopus Q Değeri
Q2
Cilt
2
Sayı
2.Mar
