Changing the economic landscape: The phenomenon of regional inversion in the US manufacturing sector
AbstractRegional inversion is the name given to the phenomenon whereby the traditional industrial areas of certain countries lose their weight in favor of what were formerly peripheral zones. Against this background our first objective is to offer a formal and rigorous definition of the concept of regional inversion from an econometric standpoint. To that end we relate such a process with the long-run concepts of convergence and catching-up. Secondly, we test this definition through the use of unit root statistics and apply these to demonstrate the presence of this phenomenon in some of the US two-digit SIC industries.
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Bibliographic InfoArticle provided by Springer in its journal Papers in Regional Science.
Volume (Year): 81 (2002)
Issue (Month): 4 ()
Note: Received: 4 December 2000
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Web page: http://link.springer.de/link/service/journals/10110/index.htm
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
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