This paper demonstrates that recent attempts to explain manufacturing shifts to nonmetropolitan areas can be synthesised into a capital vintage model of production. The result is a set of systematic differences between urban and rural production methods which are consistent with the locational...

Okun's Law is estimated for 26 states in the United States. An average of 3.1 percentage points of additional state-level output growth is found to be required for each percentage point reduction in a state's unemployment rate. Interstate differences in industrial mix, the age and gender...

A demand-based model of public sector spending is used to identify the economic determinants of the relative size of government in the United States for the period 1949 to 1998. The government's share of GDP is hypothesized to be a function of income growth (Wagner's Law), relative prices for...