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Poverty, Income Inequality and Economic Growth in U.S. Counties: - page 31 / 33

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Table 2: Spatial Estimations: Dependent Variable: Real Growth rate of Per Capita

between 1979 and 1999

Methods Per capita income in 1979 (Convergence)

(1) SAR

  • -

    0.05

(0.000)

Income inequality in 1979 (Gini Index)

  • -

    1.319

(0.000)

Poverty in 1979 (%ge of people living below poverty line)

  • -

    0.007

(0.000)

Constant

0.616 (0.944)

State Fixed Effects

Yes

Percentage of people employed in manufacturing sector in

0.002

1979

(0.000)

Percentage of white population in 1979

Per capita local government expenditure in 1979

Rho (Spatial autoregressive parameter)

Delta (Spatial Error Coefficient)

Growth rate of people with a college degree or higher between 1979 and 1999

0.042 (0.000)

Growth rate of population between 1979 and 1999

0.077 (0.000)

0.568 (0.000)

0.579 (0.000)

0.195 (0.000) -

Number of Observations

3079

R2

0.63

p- values in parenthesis

31

0.042

0.042

(0.000)

(0.000)

-1.219

-1.320

(0.000)

(0.000)

0.560

0.578

(0.000)

(0.000)

-0.007

-0.007

(0.000)

(0.000)

0.600

0.566

(0.000)

(0.000)

(2)

(3)

SEM

SAC

-0.05

-0.05

(0.000)

(0.000)

0.268

1.290

(0.012)

(0.000)

0.002

0.002

(0.000)

(0.000)

-

0.205

(0.000)

0.299

-0.001

(0.000)

(0.000)

Personal Income

Yes

Yes

0.077

0.077

(0.000)

(0.000)

3079

3079

0.65

0.65

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