Wage and Industry Effects in U.S. Regional Incomes, 1840 to 1987: A CES Wage Index Method

The Solow growth and the Heckscher-Ohlin trade models describe two competing processes through which regional incomes converge over time. Solow's model attributes rising productivity of labor to additional regional capital investments. Heckscher-Ohlin's trade model ascribes the relocation...

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Veröffentlicht in:	The Journal of economic history 2003-12, Vol.63 (4), p.1131-1146, Article 1131
1. Verfasser:	COOKE, STEPHEN C.
Format:	Artikel
Sprache:	eng
Schlagworte:	Approximation Capital investments Comparative advantage Computer industry Countries Decomposition Economic development Economic history Economic indices Economic models Economic regions Economic theory Economies of scale Financial services industries Geographic regions Income Industrial sectors Industry Mathematics NOTES AND DISCUSSION Per capita Quantitative analysis Regions Statistical analysis Studies U.S.A Wage rates Wages Wages & salaries
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