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Title: Development Accounting and Convergence for US

Citation Type: Miscellaneous

Publication Year: 2012

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Abstract: This paper uses new data on state-level physical capital by sector and land in the farm sector for the states of the United States from 1840 to 2000. These data are incorporated into aggregate development accounting exercises, with the aim of comparing cross-state results to those found in cross-country samples. Preliminary findings are that input variation explains more than half of the observed variation in output per worker, and generally more than 40% of the variation in sectoral output per worker across states. There is evidence for intergenerational human capital accumulation, as input variation explains more than two-thirds of the observed variation in output per worker, and generally more than half of the variation in sectoral output per worker across states. These ndings are generally robust to across regions of the US.

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Authors: Tamura, Robert

Publisher: University of Clemenson

Data Collections: IPUMS USA

Topics: Education, Labor Force and Occupational Structure

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