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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 research considers how preferences for location-specific attributes might constrain migration destination choices. In particular, if, at any given time, most people are consuming their desired location-specific attributes, then unwillingness to give up these attributes may influence the...
Persistent link: https://www.econbiz.de/10010904070
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
This research considers how preferences for location-specific attributes might constrain migration destination choices. In particular, if, at any given time, most people are consuming their desired location-specific attributes, then unwillingness to give up these attributes may influence the...
Persistent link: https://www.econbiz.de/10010929293
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
When job prospects are uncertain, labor market size matters even when labor and jobs, respectively, are homogenous. The expected unemployment duration and its standard deviation may then differ systematically with labor market size.
Persistent link: https://www.econbiz.de/10010929311
Local and regional practitioners commonly use the economic (export) base multiplier in project assessments. However, dependable estimates of the regional multiplier require that the division of total activity into its export (basic) and local (nonbasic) components be accurate across all...
Persistent link: https://www.econbiz.de/10010929313