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Poverty, Income Inequality and Economic Growth in U.S. Counties: - page 32 / 33

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Percentage of people employed in manufacturing sector in

0.0002

1979

(0.058)

Poverty in 1979 (%ge of people living below poverty

0.009

line)

(0.000)

Constant

-0.073 (0.334)

State Fixed Effects

Yes

Percentage of people with a college degree or higher in 1979

-0.136 (0.003)

Table 3: Spatial Estimations: Dependent Variable: Gini Coefficient-1999 Percentage of Poor People in 1999, in column (2) (1) SAC Gini 1999

Dependent variable

Growth rate of real Per Capita Income from 1979 to 1999

-0.085 (0.000)

Income inequality in 1979

0.750 (0.000)

Number of Observations

3079

R2

0.76

Percentage of white population in 1979

-0.019 (0.397)

Per capita local government expenditure in 1979

0.005 (0.821)

Rho (Spatial autoregressive parameter)

0.28 (0.000)

Delta (Spatial Error Coefficient)

0.01 (0.000)

p-values in parenthesis

32

in column (1) and

(2) SAC Poverty 1999

  • -

    0.053

(0.000)

0.142 (0.000)

0.006 (0.000)

0.038 (0.000)

Yes

0.066 (0.001)

0.0001 (0.089)

  • -

    0.163

(0.000)

  • -

    0.150

(0.000)

0.35 (0.000)

0.025 (0.000)

3079 0.84

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