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An Analysis Of Regional Economic Growth In The Us Midwest

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  • Monchuk, Daniel C.
  • Miranowski, John A.
  • Hayes, Dermot J.
  • Babcock, Bruce A.

Abstract

In this paper we examine more closely some of the forces that underlie economic growth at the county level. In an effort to describe a much more comprehensive regional economic growth model, we address a variety of different growth hypotheses by introducing a large number of growth related variables. When formulating our hypotheses and specifying our growth model we make liberal use of GIS mapping software to “"paint"” a picture of where growth spots exist and why. Our empirical estimation indicates amenities, state and local tax burdens, population, amount of agricultural activity, and demographics have important economic growth impacts.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20369.

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Date of creation: 2004
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Handle: RePEc:ags:aaea04:20369

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Keywords: Community/Rural/Urban Development;

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  1. Roback, Jennifer, 1988. "Wages, Rents, and Amenities: Differences among Workers and Regions," Economic Inquiry, Western Economic Association International, vol. 26(1), pages 23-41, January.
  2. Blomquist, Glenn C & Berger, Mark C & Hoehn, John P, 1988. "New Estimates of Quality of Life in Urban Areas," American Economic Review, American Economic Association, vol. 78(1), pages 89-107, March.
  3. Timothy J. Bartik, 1999. "Jobs, Productivity, and Local Economic Development: What Implications Does Economic Research Have for the Role of Government?," Book chapters authored by Upjohn Institute researchers, in: Joel Slemrod (ed.), Tax policy in the Real World, pages 269-283 W.E. Upjohn Institute for Employment Research.
  4. JunJie Wu & Richard M. Adams & Catherine L. Kling & Katsuya Tanaka, 2004. "From Microlevel Decisions to Landscape Changes: An Assessment of Agricultural Conservation Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 26-41.
  5. Smith, Vincent H. & Goodwin, Barry K., 2003. "An Ex Post Evaluation of the Conservation Reserve, Federal Crop Insurance, and Other Government Programs: Program Participation and Soil Erosion," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(02), August.
  6. Khan, Romana & Orazem, Peter & Otto, Daniel, 2001. "Deriving Empirical Definitions of Spatial Labor Markets: The Roles of Competing Versus Complementary Growth," Staff General Research Papers 5205, Iowa State University, Department of Economics.
  7. Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-78, December.
  8. Zoltan Acs & Catherine Armington, 2004. "Employment Growth and Entrepreneurial Activity in Cities," Regional Studies, Taylor & Francis Journals, vol. 38(8), pages 911-927.
  9. Randall G. Holcombe & Donald J. Lacombe, 2004. "The Effect of State Income Taxation on Per Capita Income Growth," Public Finance Review, , vol. 32(3), pages 292-312, May.
  10. Tzu-Ling Huang & Peter F. Orazem & Darin Wohlgemuth, 2002. "Rural Population Growth, 1950–1990: The Roles of Human Capital, Industry Structure, and Government Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(3), pages 615-627.
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  12. McGranahan, David A., 1999. "Natural Amenities Drive Rural Population Change," Agricultural Economics Reports 33955, United States Department of Agriculture, Economic Research Service.
  13. Sullivan, Patrick & Hellerstein, Daniel & Hansen, LeRoy T. & Johansson, Robert C. & Koenig, Steven R. & Lubowski, Ruben N. & McBride, William D. & McGranahan, David A. & Roberts, Michael J. & Vogel, S, 2004. "The Conservation Reserve Program: Economic Implications for Rural America," Agricultural Economics Reports 33987, United States Department of Agriculture, Economic Research Service.
  14. Partridge, Mark D. & Rickman, Dan S., 2003. "Do We Know Economic Development When We See It?," The Review of Regional Studies, Southern Regional Science Association, vol. 33(1), pages 17-39.
  15. Aldrich, Lorna M. & Kusmin, Lorin D., 1997. "Rural Economic Development: What Makes Rural Communities Grow?," Agricultural Information Bulletins 33677, United States Department of Agriculture, Economic Research Service.
  16. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416.
  17. Edward L Glaeser & Jesse M Shapiro, 2003. "Urban Growth in the 1990s: Is City Living Back?," Journal of Regional Science, Wiley Blackwell, vol. 43(1), pages 139-165.
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  20. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476, December.
  21. Steven C. Deller & Tsung-Hsiu (Sue) Tsai & David W. Marcouiller & Donald B.K. English, 2001. "The Role of Amenities and Quality of Life In Rural Economic Growth," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 352-365.
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Citations

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Cited by:
  1. Bukenya, James O., 2009. "Employment Growth in the Rural South: Do Sectors Matter?," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45903, Southern Agricultural Economics Association.
  2. Artelaris, Panagiotis & Arvanitidis, Paschalis & Petrakos, George, 2006. "Theoretical and Methodological Study on Dynamic Growth Regions and Factors Explaining their Growth Performance," Papers DYNREG02, Economic and Social Research Institute (ESRI).
  3. Boland, Michael A. & Crespi, John M. & Oswald, Dustin, 2009. "An Analysis of the 2002 Farm Bill’s Value-Added Producer Grants Program," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 27.
  4. repec:phd:pjdevt:pjd_2006_vol._xxxiii_nos._1and2-b is not listed on IDEAS
  5. Daniel C. Monchuk & Dermot J. Hayes & John Miranowski & Dayton M. Lambert, 2010. "Inference Based on Alternative Bootstrapping Methods in Spatial Models with an Application to County Income Growth in the United States," Center for Agricultural and Rural Development (CARD) Publications 10-wp507, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  6. Cho, Seong-Hoon & Lambert, Dayton M. & Roberts, Roland K. & Kim, Seung Gyu, 2008. "Moderating Urban Sprawl through Land Value Taxation," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6150, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  7. Martin Falk & Franz Sinabell, 2008. "The Effectiveness of Objective 1 Structural Funds in the EU 15: New Empirical Evidence from NUTS 3 Regions," WIFO Working Papers 310, WIFO.
  8. Brown, Jason P. & Pender, John & Wiser, Ryan & Lantz, Eric & Hoen, Ben, 2012. "Ex post analysis of economic impacts from wind power development in U.S. counties," Energy Economics, Elsevier, vol. 34(6), pages 1743-1754.

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