Population Growth in High Amenity Nonmetropolitan Areas: What’s the Prognosis?
AbstractThis paper examines the continued strong population growth in U.S. nonmetropolitan areas possessing high levels of natural amenities during the 1990s and the potential reasons for convergence of population growth across the top tiers of the amenity hierarchy. Based on an examination of spatial hedonic growth regressions, it is concluded that strong demand for high amenity areas continued in the 1990s, but the convergence in population growth across the top tiers was related to convergence in quality of life and lower productivity growth in the highest amenity tier counties, not inelasticity in the supply of land and housing. The results suggest continued convergence in population growth in the near future and further suggest that local policymakers in the most amenity attractive areas should focus on protecting and enhancing valued local area natural characteristics; failure to do so will lead to a lower local quality of life and stagnation of area economic growth.
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Bibliographic InfoPaper provided by Oklahoma State University, Department of Economics and Legal Studies in Business in its series Economics Working Paper Series with number 0907.
Length: 27 pages
Date of creation: 2009
Date of revision:
Natural amenities; Regional popul ation growth; Quality of life;
Other versions of this item:
- Dan S. Rickman & Shane D. Rickman, 2011. "Population Growth In High‐Amenity Nonmetropolitan Areas: What'S The Prognosis?," Journal of Regional Science, Wiley Blackwell, vol. 51(5), pages 863-879, December.
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