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Growth And Volatility Of Micropolitan Statistical Areas In The U.S

Author

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  • Bienvenido S. Cortes
  • Michael Davidsson
  • Michael McKinnis

Abstract

A micropolitan statistical area is defined by the U.S. Department of Commerce as A core based statistical area associated with at least one urban cluster that has a population of at least 10,000, but less than 50,000. Recently, the U.S. Census Bureau also identified the micropolitan area as an emerging metropolitan area. Despite its growing importance, the literature on the economic characteristics of micropolitan areas so far has been limited. The objectives of this study are: (1) to describe the geographic distribution, growth, and volatility of the U.S. micropolitan areas during the 1969-2012 period; and (2) to identify and measure the determinants of growth and volatility of micropolitan areas. Findings show that micropolitan area growth is dependent on sectoral composition, initial market size, and spatial/locational effects

Suggested Citation

  • Bienvenido S. Cortes & Michael Davidsson & Michael McKinnis, 2015. "Growth And Volatility Of Micropolitan Statistical Areas In The U.S," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 9(4), pages 89-102.
    • Handle: RePEc:ibf:ijbfre:v:9:y:2015:i:4:p:89-102
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    References listed on IDEAS

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    Cited by:

    1. Davidsson, Michael & Cortes, Bienvenido, 2017. "The Role of the Housing Supply and the Regulatory Environment in Economic Growth of Micropolitan Statistical Areas," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 47(1).

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    More about this item

    Keywords

    Micropolitan; Volatility; Central Place;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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