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Spatial heterogeneity is introduced as an explanation for local-area growth mechanisms, especially employment growth. As these effects are difficult to detect using conventional regression approaches, we use Geographically Weighted Regressions (GWR) for non-metropolitan U.S. counties. We test...
Persistent link: https://www.econbiz.de/10005368859
Production function studies typically conclude that public capital plays little role in enhancing productivity. However, others have found that infrastructure and employment growth are positively related. These apparently conflicting results can be reconciled if public capital serves as a...
Persistent link: https://www.econbiz.de/10008537561
When local amenities are tied to natural land use features that cannot be developed for physical or regulatory reasons, the corresponding implicit price estimates from a hedonic housing model may reflect local supply constraints and confound estimation of natural amenity values. Using a spatial...
Persistent link: https://www.econbiz.de/10010734823