Social accounting matrix (SAM) models have become standard methods to provide quantitative economic impact evaluation. SAM models and methods have a wide body of literature and dates back several decades. In recent years there has been a growing interest in using interregional and multiregional...

This study explores the results of a location survey of new Japanese manufacturing plants from 1997 to 2004 and reports an industrial cluster in Japan. More specifically, this study identifies an industrial cluster and specifies its advantages based on an exploratory factor analysis (EFA), which...

While migration decision-making has long been studied using mover-stayer models and standard regression models, they do not well handle small- and large-scale heterogeneities (migration propensities). The hierarchical regression model can help solve this problem, because it deals with data...

The purpose of this article is to extend findings from the 2008 special issue of the Journal of Regional Analysis and Policy on the knowledge economy, especially the notion claimed by Siggaard Jensen (2008) on ’inversion of authority’ elaborated according to the notion of...

A state space model is constructed so that a state variable representing the unobservable state of the economy is estimated from information on new orders, production, employment, supplier delivery time, and finished inventory obtained from the purchasing managers’ sur-vey for Georgia....

California has experienced a net loss of domestic migrants within the United States every year since 1990. This reversal from California’s traditional attraction to migrants has been attributed to numerous causes including the high cost of housing, the cyclical downturn in business...

Prices transmit information regarding the underlying quality of a product; when quality is unknown to both buyers and sellers, theory predicts that the same price should be charged for all products. However, in the Thoroughbred industry, difference fees are charged to breed to freshman sires,...

Many Thoroughbred stallions are being bred to increasing numbers of mares. This practice raises the question of how progeny value is affected by an increased supply of foals by the same sire, which ultimately influences the sire’s value. This paper addresses that question. Three of the...

We examine the role that habit plays when producers determine their hedge ratio. Data were collected from U.S. cotton growers in which they indicated their hedging position in 2001 and 2002 as well as their perceived profitability, land ownership structure, and income. To account for...

Pricing and technological innovation are discussed within the context of the beef industry’s value-based marketing initiative. Cash and contract marketing practices for fed cattle are addressed with respect to slaughter volume and pricing methods (live, dressed, and grid). A methodology...