Showing 1 - 10 of 26
This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on...
Persistent link: https://www.econbiz.de/10010904069
This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on...
Persistent link: https://www.econbiz.de/10010929291
Persistent link: https://www.econbiz.de/10010904060
This study develops a five-equation simultaneous system in a partial lag-adjustment growth-equilibrium framework. It improved previous models in the growth-equilibrium tradition by explicitly modeling local government and regional income in the growth process. It also explicitly modeled gross...
Persistent link: https://www.econbiz.de/10010929280
This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses that income inequality has a growth...
Persistent link: https://www.econbiz.de/10010929288
significant conditional convergence with respect to both small business growth and median household income growth in Appalachia …
Persistent link: https://www.econbiz.de/10010929297
results also show the existence of conditional convergence with respect to the respective endogenous variable of each equation …
Persistent link: https://www.econbiz.de/10010929307
A multivariate spatial autoregressive model of local public expenditure determination with autoregressive disturbance is developed and estimated in this paper. The empirical model is developed on the principles of utility maximization of a strictly quasi concave community utility function. The...
Persistent link: https://www.econbiz.de/10010929319
In this paper, a spatial simultaneous equations model of business growth, migration behavior and median household income is empirically estimated. The empirical simultaneous model is developed from the equilibrium relationships among these variables where each variable is assumed to adjust to...
Persistent link: https://www.econbiz.de/10010929320
This study introduces a spatial simultaneous growth model to examine the impact of regional growth on agricultural land development. County level data on growth factors, land values, farmland density and a set of exogenous variables are used from 12 Northeast states. Results indicate that...
Persistent link: https://www.econbiz.de/10010929323