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Using U.S. county data from 1990 and 2000, a family of spatial models examining growth in population and employment are reported. Special attention is paid to the role of microenterprises--firms with less than five employees--in predicting economic growth. Results suggest that microenterprises...
Persistent link: https://www.econbiz.de/10010547649
Most of the discussion of regional income convergence in recent decades has operated under the assumption, either explicit or implicit, that spatial and temporal differences in regional prices (i.e., cost of living and inflation) are negligible. Using five different measures of interstate and...
Persistent link: https://www.econbiz.de/10010774491
The ever-increasing spatial dimension of commuting sheds suggests that the nature of the economic impact of new job creation on the local community is changing. From a community perspective, an increasing number of any new jobs created are taken by in-commuters as opposed to in-migrants. To gain...
Persistent link: https://www.econbiz.de/10010774504
We assess the impact of an aging rural population using the Wisconsin Economic Impact Modeling System, a county-level conjoined input-output/ econometrics simulation model. Using data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey, we construct profiles of two household...
Persistent link: https://www.econbiz.de/10010720044