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U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis

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  • Michael, Davidsson
  • Dan S., Rickman

Abstract

Because micropolitan areas have only relatively recently been defined, little is known about their comparative economic performance. Part of the interest in micropolitan areas stems from the successful ones often growing to become metropolitan areas. This paper examines micropolitan area growth during the 1990s, a period of strong national growth. A spatial equilibrium growth framework and estimated reduced-form regressions containing an extensive number of variables are used to assess the sources of differentials in micropolitan area growth. To varying degrees, at various levels, and through various channels, it is found that household amenity attractiveness, firm location considerations, and housing supply policies, all underlie micropolitan area growth differentials.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40394.

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Date of creation: 31 Jul 2012
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Handle: RePEc:pra:mprapa:40394

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Keywords: Micropolitan; Regional Growth; Amenities;

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  1. JunJie Wu & Munisamy Gopinath, 2008. "What Causes Spatial Variations in Economic Development in the United States?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(2), pages 392-408.
  2. Partridge, Mark D. & Rickman, Dan S., 1999. "Which comes first, jobs or people? An analysis of the recent stylized facts," Economics Letters, Elsevier, vol. 64(1), pages 117-123, July.
  3. Dan S. Rickman & Shane D. Rickman, 2009. "Population Growth in High Amenity Nonmetropolitan Areas: What’s the Prognosis?," Economics Working Paper Series 0907, Oklahoma State University, Department of Economics and Legal Studies in Business.
  4. James LeSage & Matthew Dominguez, 2012. "The importance of modeling spatial spillovers in public choice analysis," Public Choice, Springer, vol. 150(3), pages 525-545, March.
  5. David H. Autor & David Dorn & Gordon H. Hanson, 2012. "The China Syndrome: Local Labor Market Effects of Import Competition in the United States," NBER Working Papers 18054, National Bureau of Economic Research, Inc.
  6. David Mcgranahan & Timothy Wojan, 2007. "Recasting the Creative Class to Examine Growth Processes in Rural and Urban Counties," Regional Studies, Taylor & Francis Journals, vol. 41(2), pages 197-216.
  7. Mark Ferguson & Kamar Ali & M. Rose Olfert & Mark Partridge, 2007. "Voting with Their Feet: Jobs versus Amenities," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 38(1), pages 77-110.
  8. Haurin, Donald R, 1980. "The Regional Distribution of Population, Migration, and Climate," The Quarterly Journal of Economics, MIT Press, vol. 95(2), pages 293-308, September.
  9. 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.
  10. Edward L. Glaeser & Kristina Tobio, 2008. "The Rise of the Sunbelt," Southern Economic Journal, Southern Economic Association, vol. 74(3), pages 610-643, January.
  11. repec:fth:stanho:e-95-4 is not listed on IDEAS
  12. Partridge Mark D. & Rickman Dan S & Ali Kamar & Olfert M. Rose, 2008. "Employment Growth in the American Urban Hierarchy: Long Live Distance," The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-38, March.
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