Inter‐state dynamics of invention activities, 1930–2000
1930—2000年美国各州发明活动的动态演变AI 解读 ↓
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AI 根据所提供的论文材料归类:摘要使用跨州长期数据研究地区知识活动分布与收敛,直接对应宏观面板。
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Abstract We study the dynamics of the cross‐section distribution of patents per capita for the 48 continental US states from 1930 to 2000 using a discrete‐state Markov chain. We test for and find evidence in favor of the (knowledge) convergence hypothesis. The distribution of patents is converging to a limiting distribution that is significantly more concentrated than its initial distribution. States in the extreme are more mobile than states in the middle of the cross‐sectional distribution and are likely to move to the middle. However, the rate of convergence to the limiting distribution is ‘slow’. Copyright © 2006 John Wiley & Sons, Ltd.
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