CEU Electronic Theses and Dissertations, 2015
| Author | Kovács, István |
|---|---|
| Title | CONVERGENCE ACROSS THE U.S. STATES BETWEEN 1987 AND 2013 |
| Summary | This study aims to answer the question, whether recent convergence trends between 1987 and 2013 can be identified in the U.S., and whether these trends yield any implications for long run policy targets. The thesis reviews the relevant literature, introducing important concepts of convergence in order to place the study in context. Subsequently, the build-up of the analytical framework is presented in detail. The empirical analysis presents the results, identifying threats of polarization, leading to a core-periphery structure on the long run. The results suggest that non-coastal states are experiencing a slow process of desertification, with signs of full agglomeration in coastal states. In other words, economic activity and population is slowly relocating to the coastal areas. With the help of New Economic Geography theories, the thesis identifies important policy targets in order to slow these trends down, or even reverse them in the future. Concluding the study, several policy recommendations are presented in order to formulate a long run strategy, which could mitigate the threats of polarization. |
| Supervisor | Baniak, Andrzej |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2015/kovacs_istvan.pdf |
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