Mexican states show signs of economic convergence, sparking hope for growth.
The article examines economic growth in Mexican states from 1940 to 2015, focusing on whether states are catching up to each other. They used a complex math model to analyze income gaps between states over time. They found that about 40% of states show a consistent pattern in their income gap changes. Only 6% to 15% of states are actually catching up to the national average. They identified 55 to 76 groups of states that are converging, with each group having 3 to 7 states. These groups overlap a lot, making it hard to interpret the overall pattern.