文章基本信息

标题：Price Differentials And Trends In State Income Levels: A Research Note
本地全文：下载
作者：Deller, Steven ; Shields, Martin ; Tomberlin, David 等
期刊名称：The Review of Regional Studies
印刷版ISSN：0048-749X
电子版ISSN：1553-0892
出版年度：1996
卷号：26
期号：1
页码：99-113
出版社：Southern Regional Science Association
摘要：Most of the discussion of regional income convergence in recent decades has operated under the assumption, either explicit or implicit, that spatial and temporal differences in regional prices (i.e., cost of living and inflation) are negligible. Using five different measures of interstate and interregional income inequality, we examine the evolution of regional income patterns before and after adjusting for price differences. Our results suggest that the common practice of overlooking interspatial differences in cost-of-living and inflation may yield a false understanding of regional income trends and, in tum, false policy prescriptions. Specifically, the pattern of regional income convergence through the 1970s followed by divergence in the 1980s are lost if spatial and temporal differences in regional prices are considered.