The purpose of the paper is to test the long-run steady state of growth factors hypothesized to influence U.S. manufacturing investment flows. These factors include agglomeration, market structure, labor, infrastructure, and fiscal policy. Spatial cross-regressive and spatial Durbin models are...

In this application, income and job growth in the eastern United States are explained using a partial adjustment model with regime switching potential and spatial spillover, or “Smooth Transition†spatial process models (STAR). This relatively new class of spatial regression models...