Recent changes in the nature of the distribution dynamics of the US county incomes

IF 2.3 3区经济学 Q2 ECONOMICS

Journal of Applied Econometrics Pub Date : 2023-09-13 DOI:10.1002/jae.3006

Seonyoung Park, Donggyun Shin

引用次数: 0

Abstract

We study the evolution of the cross-sectional distributions of county-level per capita income in the United States from 1970 to 2017. We confirm previous findings of convergence in pre-transfer income during the 1970s and 1980s but present new evidence of rising inequality since the early 1990s, which is characterized by bipolarization. Cross-county differences in education and industry composition explain much of this recent trend, which almost disappears in post-transfer incomes. Among the various government transfer programs, medical benefits play the greatest role in making the distribution less unequal.

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美国县级收入分配动态性质的最新变化

我们研究了 1970 年至 2017 年美国县级人均收入横截面分布的演变。我们证实了以前的研究结果，即 20 世纪 70 年代和 80 年代转移前的收入趋同，但提出了自 20 世纪 90 年代初以来不平等加剧的新证据，其特点是两极化。教育和行业构成的跨县差异在很大程度上解释了这一近期趋势，而这一趋势在转移后收入中几乎消失。在各种政府转移支付项目中，医疗福利在减少分配不平等方面发挥的作用最大。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Applied Econometrics Multiple-

CiteScore

3.70

自引率

4.80%

发文量

期刊介绍： The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.