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Persistent link: https://www.econbiz.de/10012274552
Most U.S. farm households have either the operator or spouse working off-farm for wages and salaries or proprietorships. Additionally, off-farm income continues to grow as a share of total household income. Little is known about how changes in local industrial composition impact off-farm labor...
Persistent link: https://www.econbiz.de/10009444302
Attracting manufacturing investment remains a viable regional development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the dynamics of firm death and the possible...
Persistent link: https://www.econbiz.de/10009445816
This paper addresses changes in capital formation by testing the importance of location factors with respect to the rate of establishment births and deaths in U.S. manufacturing, 2000–2004. A theoretical concept called “localized creative destruction” is tested as a mechanism to explain...
Persistent link: https://www.econbiz.de/10009446067
Persistent link: https://www.econbiz.de/10012635845
Several spatial econometric approaches are available to model spatially correlated disturbances in count models, but there are at present no structurally consistent count models incorporating spatial lag autocorrelation. A two-step, limited information maximum likelihood estimator is proposed to...
Persistent link: https://www.econbiz.de/10009429435
Because of the broad definition of a farm — which includes numerous small operations that produce little or no agricultural commodities in any given year — most farm households earn all of their income from non-farm sources. However, even those operating farms with substantial production...
Persistent link: https://www.econbiz.de/10013076363
Multifunctionality of agriculture is being heralded as a way to achieve food and fiber production while simultaneously providing ecological services and promoting rural development through the establishment of new enterprises. However, in order for multifunctional agriculture to achieve these...
Persistent link: https://www.econbiz.de/10010881157
Persistent link: https://www.econbiz.de/10010912508
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...
Persistent link: https://www.econbiz.de/10010547725