Showing 1 - 10 of 60
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 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
Spatial dependence is one of the main problems in stochastic processes and can be caused by a variety of measurement problems that are associated with the arbitrary delineation of spatial units of observation (such as counties boundaries, census tracts), problems of spatial aggregation, and the...
Persistent link: https://www.econbiz.de/10010929287
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
A spatial simultaneous-equations growth equilibrium model estimated by GS2SLS and GS3SLS estimators is used to determine the interdependence between small business growth and poverty. The parameter estimates are mostly consistent with the theoretical expectations. The coefficients for the...
Persistent link: https://www.econbiz.de/10010929297
In this paper we develop a spatial panel simultaneous-equations model of business growth, migration behavior, local public services and median household income in a partial lag-adjustment growth-equilibrium framework and utilizing a one-way error component model for the disturbances. This model...
Persistent link: https://www.econbiz.de/10010929307
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
In this study, a spatial growth equilibrium model of business growth is developed and empirically estimated by Generalized Spatial Two-Stage Least Squares (GS2SLS) estimator using cross-sectional data from Appalachian States counties for 1990-2000. Beside the existence of spatial spillover...
Persistent link: https://www.econbiz.de/10010929330
Amenities are expected to impact regional economic growth by affecting growth in population, employment, income, and house values. This study assess whether the 299 counties in the Northeast (NE) region of the US can build and pursue a growth strategy that depend on their local and neighborhood...
Persistent link: https://www.econbiz.de/10010929363
Amenities are expected to impact regional economic growth by affecting growth in population, employment, income, and house values. This study assess whether the 299 counties in the Northeast (NE) region of the US can build and pursue a growth strategy that depend on their local and neighborhood...
Persistent link: https://www.econbiz.de/10010778457