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...

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...

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...

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...

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...

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...

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...

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...

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.

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...