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Assessing Demographic Changes and Income Inequalities: A Case Study of West Virginia AgEcon
Hailu, Yohannes G.; Gebremedhin, Tesfa G.; Jackson, Randall W..
This study investigates demographic change and income inequalities, and relationship between economic growth and income inequality in West Virginia. Income growth was positively related with population and employment growth, but is significantly and negatively related with income inequality. This indicates that higher income inequality is associated with slower economic growth.
Tipo: Conference Paper or Presentation Palavras-chave: Labor and Human Capital.
Ano: 2005 URL: http://purl.umn.edu/35561
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A Spatial Panel Simultaneous-Equations Model of Business Growth, Migration Behavior, Local Public Services and Household Income in Appalachia AgEcon
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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Is Income Inequality Endogenous in Regional Growth? AgEcon
Hailu, Yohannes G.; Kahsai, Mulugeta S.; Gebremedhin, Tesfa G.; Jackson, Randall W..
This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse relationship with growth; (2) regional growth adjustments are the channels through which the inequality and growth are equilibrated; and (3) income inequality is endogenous to regional growth and its adjustment. Results, based on a system of equations estimation, confirm the hypotheses that income inequality has a growth dampening effect; income inequality is endogenous to regional growth and growth adjustment; and the channels through which income inequality determines growth are regional growth adjustments, such as...
Tipo: Conference Paper or Presentation Palavras-chave: Income inequality; Economic growth; Gini coefficient; Growth modeling; Population change; Per capita income; Community/Rural/Urban Development; Public Economics; I32; J15; O18; P25; R11; R23; R25; R51; R53; R58.
Ano: 2009 URL: http://purl.umn.edu/46320
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THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS AgEcon
Gebremariam, Gebremeskel H.; Gebremedhin, Tesfa G.; Jackson, Randall W..
In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small business, economic growth and the incidence of poverty
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/20290
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