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Gebremariam, Gebremeskel H.; Gebremedhin, Tesfa G.; Schaeffer, Peter V.; Phipps, Tim T.; Jackson, Randall W.. |
In this paper we develop a spatial panel simultaneous-equations model of business growth, migration behavior, local public services and median household income in a partial lag-adjustment growth-equilibrium framework and utilizing a one-way error component model for the disturbances. This model is an extension of the jobs follow people or people follow jobs literature and it improved previous models in the growth-equilibrium tradition by: (1) explicitly modeling local government and regional income in the growth process; (2) explicitly modeling gross in-migration and gross out-migration separately in order to spell out the differential effects, which used to be glossed over under net population change in previous studies; (3) explicitly incorporating... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2007 |
URL: http://purl.umn.edu/9895 |
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