Young, Andrew and Higgins, Matthew and Levy, Daniel (2007): Black Populations and Economic Growth: An Extreme Bounds Analysis of Mississippi County-Level Data.
Download (116kB) | Preview
We use Mississippi county-level data on (per capita) income and the percentages of populations that are Black (henceforth "Black") to examine the relationship between race and economic growth. The analysis is also conditioned on 40 other economic and socio-demographic variables. Given a negative and statistically significant partial correlation between income growth and Black, we ask if it is robust to exhaustive combinations of other conditioning variables (taken 3 at a time). The evidence suggests yes. Since even robust correlation does not imply causation, we then ask if other robust correlates with income growth play a roll in accounting for Black in the data. The answer “yes” is obtained for only one other robust correlate of the "right" sign: the percentage of a population that is below the poverty level.
|Item Type:||MPRA Paper|
|Institution:||University of Mississippi, Georgia Institute of Technology, and Bar-Ilan University|
|Original Title:||Black Populations and Economic Growth: An Extreme Bounds Analysis of Mississippi County-Level Data|
|Keywords:||Racial Inequalities; Black Populations; Solow Growth Model; Speed of Convergence; U.S. County-Level Data; Extreme Bounds Analysis|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General
O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis ; Housing ; Infrastructure
O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
|Depositing User:||Daniel Levy|
|Date Deposited:||03 Feb 2007|
|Last Modified:||14 Oct 2016 14:49|
References Barro, R. J. and Sala-i-Martin, X. X. 1992. Convergence. Journal of Political Economy 100, 223–251. Barro, R. J. and Sala-i-Martin, X. X. 1995. Economic Growth. MIT Press, Cambridge. Carlino, G. A. and Mills, E. S. 1987. The Determinants of County Growth. Journal of Regional Science 27, 39-54. Connaughton, J. E. and Madsen, R. A. 2004. Explaining Per Capita Personal Income Differences between States. Review of Regional Studies 34, 206-220. Evans, P. 1996. Using Cross-Country Variances to Evaluate Growth Theories. Journal of Economic Dynamics and Control 20, 1027–1049. Evans, P. 1997a. How Fast Do Economies Converge? Review of Economics and Statistics 36, 219–225. Evans, P. 1997b. Consistent Estimation of Growth Regressions. Working Paper, Ohio State University. Evans, P. and Karras, G. 1996a. Do Economies Converge? Evidence from a Panel of US States. Review of Economics and Statistics 78, 384–388. Evans, P. and Karras, G. 1996b. Convergence Revisited. Journal of Monetary Economics 37, 249–265. Frey, W. H. 2000. The New Great Migration: Black Americans' Return to the South, 1965-2000. The Brookings Institute, Center on Urban and Metropolitan Policy, Living Cities Census Series. Glaeser, E. I., Scheinkman, J. A. and Shleifer, A. 1995. Economic Growth in a Cross- Section of Cities. Journal of Monetary Economics 36, 117-143. Higgins, M. J., Levy, D., and Young, A. T. 2006. Growth and Convergence Across the United States: Evidence from County-Level Data. Review of Economics and Statistics 88, 671-681. Leamer, E. 1983. Let's Take the Con out of Econometrics. American Economic Review 73, 31-43. Levernier, W., Partridge, M.D. and Rickman, D.S. 1998. Differences in Metropolitan and Nonmetropolitan U.S. Family Income Inequality: A Cross-County Comparison. Journal of Urban Economics 44, 272-290. Levine, R. and Renelt, D. 1992. A Sensitivity Analysis of Cross-Country Growth Regressions. American Economic Review 82, 942–963. Mankiw, N.G., Romer, D.H. and Weil, D.N. 1992. A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics 107, 407–437. Nica, M. 2004. Convergence in Mississippi: A Spatial Approach. Jackson State University Working Paper. U.S. Bureau of Economic Analysis. 2001. Local-Area Personal Income, 1969–1992. Regional Accounts Data. Young, A.T., Levy, D., and Higgins, M. J. 2007. Heterogeneous Convergence, working paper. Young, A.T., Higgins, M. J., and Levy D. 2007. Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data, working paper.