Table 2 Cross-state comparison of average aggegate annual growth and Markov transition probabilities, percent
From: Convergence of economic growth and the Great Recession as seen from a Celestial Observatory
State name | \(\boldsymbol{\hat{y}_{93\textbf{-}06}}\) | \(\boldsymbol{\hat{y}_{07\textbf{-}13}}\) | \(\boldsymbol{\sigma (y_{93\textbf{-}06})}\) | \(\boldsymbol{\sigma(y_{07\textbf{-}13})}\) | \(\boldsymbol{a^{++}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{++}_{07\textbf{-}13}}\) | \(\boldsymbol{a^{--}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{--}_{07\textbf{-}13}}\) | \(\boldsymbol{a^{00}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{00}_{07\textbf{-}13}}\) |
|---|---|---|---|---|---|---|---|---|---|---|
Alabama | 1.71 | 2.86 | 1.3 | 0.9 | 10.9 | 10.3 | 10.6 | 8.9 | 78.5 | 80.7 |
Arizona | 1.75 | 2.87 | 0.7 | 0.6 | 10.6 | 14.0 | 10.9 | 10.7 | 78.5 | 75.3 |
Arkansas | 1.96 | 2.97 | 2.0 | 1.3 | 10.4 | 11.0 | 10.2 | 7.4 | 79.3 | 81.5 |
California | 1.55 | 2.76 | 0.9 | 0.7 | 12.1 | 12.3 | 11.7 | 9.5 | 76.2 | 78.1 |
Colorado | 1.56 | 2.74 | 3.1 | 3.5 | 13.5 | 12.6 | 10.9 | 10.4 | 75.6 | 77.0 |
Connecticut | 1.75 | 3.11 | 2.2 | 3.5 | 15.0 | 13.8 | 13.6 | 13.5 | 71.4 | 72.6 |
Delaware | 1.52 | 2.91 | 4.7 | 2.5 | 11.2 | 12.5 | 10.5 | 14.3 | 78.3 | 73.2 |
Florida | 1.68 | 2.81 | 0.3 | 0.3 | 11.8 | 11.5 | 10.4 | 10.4 | 77.8 | 78.1 |
Georgia. | 1.86 | 2.91 | 1.4 | 0.9 | 10.5 | 9.7 | 10.9 | 8.6 | 78.6 | 81.7 |
Idaho | 2.32 | 3.17 | 8.4 | 7.0 | 11.7 | 10.2 | 10.4 | 7.6 | 77.9 | 82.2 |
Illinois | 2.08 | 3.12 | 2.5 | 2.3 | 11.0 | 10.8 | 10.7 | 9.3 | 78.3 | 79.9 |
Indiana | 2.29 | 3.26 | 4.7 | 3.2 | 10.6 | 10.8 | 10.1 | 10.5 | 79.3 | 78.6 |
Iowa | 2.84 | 3.92 | 4.2 | 4.9 | 12.5 | 10.1 | 9.2 | 9.4 | 78.2 | 80.5 |
Kansas | 1.69 | 2.96 | 3.4 | 2.8 | 14.5 | 11.7 | 10.2 | 8.0 | 75.2 | 80.4 |
Kentucky | 1.51 | 2.90 | 4.7 | 2.4 | 11.6 | 9.5 | 11.0 | 7.6 | 77.3 | 82.9 |
Louisiana | 1.68 | 2.84 | 0.8 | 0.6 | 9.8 | 8.7 | 9.8 | 7.0 | 80.5 | 84.3 |
Maine | 3.56 | 4.88 | 7.2 | 9.4 | 10.2 | 10.6 | 9.5 | 7.6 | 80.3 | 81.8 |
Maryland | 1.32 | 2.79 | 3.9 | 2.2 | 10.7 | 11.6 | 11.3 | 12.3 | 78.0 | 76.2 |
Massachusetts | 1.79 | 3.08 | 1.0 | 2.2 | 14.0 | 13.2 | 14.4 | 14.6 | 71.6 | 72.2 |
Michigan | 2.31 | 3.77 | 2.4 | 4.5 | 11.2 | 10.8 | 10.8 | 8.5 | 78.0 | 80.7 |
Minnesota | 2.32 | 3.73 | 2.5 | 4.4 | 11.7 | 9.1 | 9.7 | 7.4 | 78.6 | 83.5 |
Mississippi | 1.85 | 2.92 | 1.3 | 1.0 | 11.0 | 8.0 | 10.1 | 7.6 | 78.9 | 84.3 |
Missouri | 1.97 | 3.01 | 2.9 | 1.8 | 11.6 | 9.9 | 10.0 | 7.3 | 78.4 | 82.8 |
Montana | 4.58 | 4.87 | 15.6 | 12.1 | 13.7 | 9.8 | 9.4 | 5.8 | 76.9 | 84.4 |
Nebraska | 2.34 | 3.50 | 4.4 | 5.3 | 12.2 | 14.8 | 11.2 | 10.9 | 76.7 | 74.3 |
Nevada | 1.73 | 2.86 | 2.2 | 1.7 | 12.7 | 11.7 | 10.9 | 9.2 | 76.5 | 79.1 |
New Hampshire | 1.98 | 3.50 | 1.7 | 4.6 | 12.1 | 11.9 | 11.7 | 11.4 | 76.2 | 76.8 |
New Jersey | 1.62 | 2.87 | 2.5 | 1.8 | 13.4 | 12.0 | 13.1 | 12.4 | 73.5 | 75.6 |
New Mexico | 1.61 | 2.84 | 1.2 | 1.0 | 12.7 | 11.1 | 10.7 | 8.7 | 76.6 | 80.2 |
New York | 2.11 | 3.48 | 2.3 | 4.0 | 10.9 | 11.2 | 10.5 | 8.4 | 78.6 | 80.3 |
North Carolina | 1.54 | 2.83 | 2.4 | 1.3 | 9.9 | 11.6 | 11.4 | 8.2 | 78.8 | 80.2 |
North Dakota | 4.33 | 5.60 | 10.2 | 8.3 | 15.5 | 8.7 | 9.5 | 5.3 | 75.1 | 86.0 |
Ohio | 2.02 | 3.13 | 4.0 | 2.9 | 11.3 | 10.3 | 10.5 | 9.1 | 78.1 | 80.7 |
Oklahoma | 1.64 | 2.85 | 1.7 | 1.2 | 11.3 | 12.8 | 10.0 | 8.1 | 78.7 | 79.0 |
Oregon | 1.70 | 2.76 | 3.4 | 3.0 | 12.3 | 11.8 | 10.1 | 11.3 | 77.6 | 76.9 |
Pennsylvania | 2.13 | 3.27 | 3.4 | 3.3 | 11.8 | 9.8 | 11.3 | 9.3 | 76.9 | 80.8 |
Rhode Island | 1.51 | 2.88 | 2.2 | 2.5 | 13.9 | 12.2 | 12.5 | 14.0 | 73.6 | 73.8 |
South Carolina | 1.73 | 2.85 | 1.0 | 0.7 | 10.6 | 10.4 | 11.2 | 8.5 | 78.2 | 81.1 |
South Dakota | 3.18 | 4.00 | 5.8 | 5.2 | 13.4 | 12.3 | 12.3 | 9.0 | 74.2 | 78.7 |
Tennessee | 1.47 | 2.81 | 2.9 | 1.7 | 11.0 | 10.1 | 10.8 | 7.4 | 78.1 | 82.5 |
Texas | 1.67 | 2.87 | 0.9 | 0.7 | 12.4 | 10.6 | 10.2 | 7.5 | 77.4 | 81.9 |
Utah | 1.57 | 2.84 | 5.1 | 4.0 | 11.0 | 10.3 | 10.5 | 9.1 | 78.5 | 80.6 |
Vermont | 2.35 | 3.82 | 3.7 | 7.1 | 10.2 | 8.2 | 9.1 | 6.6 | 80.7 | 85.2 |
Virginia | 1.56 | 2.87 | 3.8 | 2.0 | 10.6 | 8.2 | 11.0 | 7.4 | 78.4 | 84.5 |
Washington | 1.85 | 2.76 | 6.8 | 5.4 | 13.6 | 10.4 | 10.9 | 8.2 | 75.5 | 81.4 |
West Virginia | 1.75 | 2.93 | 4.1 | 2.3 | 11.2 | 10.1 | 10.6 | 7.3 | 78.2 | 82.7 |
Wisconsin | 2.20 | 3.96 | 2.0 | 4.9 | 10.5 | 10.3 | 10.0 | 8.2 | 79.5 | 81.5 |
Wyoming | 1.63 | 3.10 | 6.1 | 7.4 | 13.4 | 13.0 | 9.4 | 10.1 | 77.2 | 76.9 |