The primary focus of this paper is the impact of knowledge creation and innovative activity on non-farm employment growth. Non-farm employment growth is modeled in a stylized model where new knowledge and local economic externalities are key factors driving technology growth. For our empirical...

The objective of this paper is to estimate the impact of regional innovation on employ-ment and population growth in the U.S. Midwest. A measure of effective local innovation is created by fitting a first-order spatial autoregressive model to create a measure of regional innovation using...

This study uses an overlapping generations (OLG) model with two labor types and two employment regions to examine factors driving labor migration. Specifically, we examine the effect of innovative behavior on employment growth. Using an OLG model, we test this hypothesis in the Midwestern States...

A general stochastic coefficients model developed by Swamy and Tinsley serves as a reference point for discussion in this second of a series of three articles Other well-known specifications are related to the model. The authors weigh the advantages and disadvantages of stochastic coefficients...