Trends in economic inequality: Are U.S. states growing apart?

Edmond Berisha, Ram Sewak Dubey, John Meszaros, Eric Olson

Research output: Contribution to journalArticle

Abstract

Using quarterly real GDP data from 2005 to 2019 for all U. S. states from the Bureau of Economic Analysis, we construct an economic inequality measure which is additively decomposable into within and between-region inequality. We find increases in economic disparity in terms of total real GDP across the states. The results show that states belonging to the South and West regions are growing apart, contributing significantly toward the level of total economic disparity in the country. However, in terms of per-capita real GDP, economic disparity across states is much smaller. The results emphasize the role of population dynamics in mitigating economic disparity across U. S. states.

Original languageEnglish
Pages (from-to)1319-1331
Number of pages13
JournalEconomics Bulletin
Volume40
Issue number2
StatePublished - 2020

Fingerprint Dive into the research topics of 'Trends in economic inequality: Are U.S. states growing apart?'. Together they form a unique fingerprint.

  • Cite this